Ailas Anwar Group


Status: Paying Back - Delinquent

$1,375.00   Loan Amount
4% repaid

About the Group

Group Name: Ailas Anwar Group
Group Members: Ailas Anwar
Bhagan Younas masih
Rani Mansha masih
Noreen maria Anayat masih
Sugran Fakhar masih
Jamila Arif masih
Location: Raiwind, Pakistan
Activity: Embroidery

About the Loan

Loan Amount: $1,375.00
Loan Use: To buy materials to make embroidered clothing.
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 9, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.5600 PKR = 1 USD



Bhagan baji wants a loan to buy a donkey cart for loading. Rani baji wants a loan to buy clothes to sell. Noreen maria baji wants a loan to buy a buffalo for her milk-selling business. Sugran baji wants a loan to buy seasonal vegetables to sell. Jamila baji wants a loan to buy material beads, colored thread, and clothes for her decorative embroidery business.



Ailas baji is the wife of Mr. Anwar. They have lived in a mid-size city named Riwind, Pakistan for the past fifteen years. She is the group leader of the ladies mentioned above. Her husband works in a factory for a monthly wage. Ailas baji is a very hardworking lady. She operates an embroidered clothing business to pay their utilities. She is applying for a loan to buy clothing and colored thread for her business.



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 Ailas Anwar Group


Loan has been disbursed
 
Entrepreneur: Ailas Anwar Group
Location: Raiwind, Pakistan

Thank you for your loan. It has been disbursed to Ailas Anwar Group, consisting of Ailas Anwar, Bhagan Younas masih, Rani Mansha masih, Noreen maria Anayat masih, Sugran Fakhar masih, Jamila Arif masih by Asasah, a partner of Save the Children in Pakistan. We are excited to watch this business grow. Over the 11 months of this loan, Asasah, a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Raiwind, Pakistan
Jun 10, 2009
Comments (2)

Kiva Help Repayment Schedule for Ailas Anwar Group

  Expected Repayments Actual Repayments Comments
August 2009 $59.78 $62.50 Repayment Received
September 2009 $119.56 $0.00 Delinquent
October 2009 $119.56 $0.00 Delinquent
November 2009 $119.56 $0.00 Delinquent
December 2009 $179.34 Available Dec 1  
January 2010 $119.56 Available Jan 1  
February 2010 $119.56 Available Feb 1  
March 2010 $119.56 Available Mar 1  
April 2010 $119.56 Available Apr 1  
May 2010 $119.56 Available May 1  
June 2010 $179.40 Available Jun 1