Shahida Muhammad Irfan Group
Status: Paying Back - Delinquent
| $1,500.00 | Loan Amount |
|---|
About the Group
| Group Name: | Shahida Muhammad Irfan Group |
|---|---|
| Group Members: |
Shahida Muhammad irfan Zahida Rasheed ali Jeeran Mansha masih Suraiya Haider Parveen Saleem masih |
| Location: | Raiwind, Pakistan |
| Activity: | Embroidery |
About the Loan
| Loan Amount: | $1,500.00 |
|---|---|
| Loan Use: | To buy materials for decorative embroidery. |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 8, 2009 |
| Date Disbursed: | May 28, 2009 |
| Date Funded: | Jun 11, 2009 |
About the Field Partner
About the Field Partner
|
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| Field Partner: | Asasah, a partner of Save the Children |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 27 months |
| Kiva Entrepreneurs: | 9322 |
| Total Loans: | $2,113,125 |
| Delinquency Rate: | 57.47% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Pakistan |
|---|---|
| Avg Annual Income: | $3,004.00 |
| Currency: | Pakistan Rupees (PKR) |
| Exchange Rate: | 80.5600 PKR = 1 USD |
Shahida baji and her husband are very hardworking people. They have resided in a mid-size city named Riwind, Pakistan for the past five years. Her husband runs a decorative embroidery business. He earns income by taking orders from the cloth shops that he completes in 15 days. Shahida baji has goats at her house and she takes care of them but sometimes she helps her husband by making embroidery dresses.
She is applying for a loan to buy colored thread, clothing, and beads for her husband’s decorative embroidery business. She is the leader of a group of four other women from her locality. Zahida baji wants a loan to buy a donkey cart for loading. Jeeran baji wants a loan to buy beads, colored thread, and clothing for her decorative embroidery business. Suraiya baji wants a loan to buy clothes to sell. Parveen baji wants a loan to buy painted boxes to sell.
This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for Shahida Muhammad Irfan Group
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Loan has been disbursed
Location: Raiwind, Pakistan
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Posted by
from Raiwind, Pakistan
Jun 12, 2009 |
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Comment on this entry
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Repayment Schedule for Shahida Muhammad Irfan Group
Repayment Schedule for Shahida Muhammad Irfan Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $65.22 | $68.23 |  Repayment Received
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| September 2009 | $130.44 | $0.00 |  Delinquent
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| October 2009 | $130.44 | $0.00 | Delinquent
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| November 2009 | $130.44 | $0.00 | Delinquent
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| December 2009 | $195.66 | Available Dec 1 | |||
| January 2010 | $130.44 | Available Jan 1 | |||
| February 2010 | $130.44 | Available Feb 1 | |||
| March 2010 | $130.44 | Available Mar 1 | |||
| April 2010 | $130.44 | Available Apr 1 | |||
| May 2010 | $130.44 | Available May 1 | |||
| June 2010 | $195.60 | Available Jun 1 | |||
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