Kalsoom Rafiq Masih Group


Status: Paying Back - Delinquent

$1,325.00   Loan Amount
4% repaid

About the Group

Group Name: Kalsoom Rafiq Masih Group
Group Members: Kalsoom Rafiq masih
Bushran Hidayat masih
Rehana Riaz masih
Safia Younas masih
Mukhtaran Faqir masih
Nasreen Muhammad akram
Location: Raiwind, Pakistan
Activity: Tailoring

About the Loan

Loan Amount: $1,325.00
Loan Use: To buy an electric sewing machine for her business
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 8, 2009
Date Disbursed: May 27, 2009
Date Funded:Jun 16, 2009

About the Country

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



Kalsoom baji, wife of Rafiq masih, has lived in a mid-sized city named Riwind, Pakistan, for the past fifteen years. Her husband works in a factory on monthly wage.

Kalsoom baji is a very hardworking lady. She earns money sewing clothes by taking orders from her neighbors. She uses her money to fulfill needs including the utility expenses. She is applying for a loan to buy an electric sewing machine so that she is able to sew more clothes and complete the orders on time.

She is the group leader of five other women from her locality:

Bushran baji, Rehana baji and Safia baji each want a loan to repair their tractors.

Mukhtaran baji wants a loan to buy a donkey cart for loading.

Nasreen baji wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle).




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 Kalsoom Rafiq Masih Group


Loan has been disbursed
 
Entrepreneur: Kalsoom Rafiq Masih Group
Location: Raiwind, Pakistan

Thank you for your loan. It has been disbursed to Kalsoom Rafiq masih Group, consisting of Kalsoom Rafiq masih, Bushran Hidayat masih, Rehana Riaz masih, Safia Younas masih, Mukhtaran Faqir masih, Nasreen Muhammad akram 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 17, 2009
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Kiva Help Repayment Schedule for Kalsoom Rafiq Masih Group

  Expected Repayments Actual Repayments Comments
August 2009 $57.61 $60.26 Repayment Received
September 2009 $115.22 $0.00 Delinquent
October 2009 $115.22 $0.00 Delinquent
November 2009 $172.83 $0.00 Delinquent
December 2009 $115.22 Available Dec 1  
January 2010 $115.22 Available Jan 1  
February 2010 $115.22 Available Feb 1  
March 2010 $115.22 Available Mar 1  
April 2010 $115.22 Available Apr 1  
May 2010 $172.83 Available May 1  
June 2010 $115.19 Available Jun 1