Razia Muhammad Shafee Group
Status: Paying Back - Delinquent
| $900.00 | Loan Amount |
|---|
About the Group
| Group Name: | Razia Muhammad Shafee Group |
|---|---|
| Group Members: |
Razia Muhammad Shafee Bano Shabir ahmad Saima Tariq mahmood Zainab Muhammad sharif |
| Location: | Ismail Nagar, Pakistan |
| Activity: | Electrical Goods |
About the Loan
| Loan Amount: | $900.00 |
|---|---|
| Loan Use: | To buy electrical supplies to sell |
| 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 20, 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 |
My husband's name is Muhammad Shafee and he runs an electric shop in the community. He sells electrical supplies (wires, switchboards and switches) to his customers. I am applying for a loan to buy electrical supplies to expand my husband’s electrical supplies business."
Razia is the group leader for three other women from her locality. Bano baji wants a loan to buy repair tools for her vehicle repair business. Saima baji wants a loan to buy a welding machine. Zainab baji wants a loan to buy animals (goats) for her meat-selling 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 Razia Muhammad Shafee Group
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Loan has been disbursed
Location: Ismail Nagar, Pakistan
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Posted by
from Ismail Nagar, Pakistan
Jun 21, 2009 |
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Comment on this entry
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Repayment Schedule for Razia Muhammad Shafee Group
Repayment Schedule for Razia Muhammad Shafee Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $39.13 | $40.94 |  Repayment Received
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| September 2009 | $78.26 | $0.00 |  Delinquent
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| October 2009 | $78.26 | $0.00 | Delinquent
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| November 2009 | $78.26 | $0.00 | Delinquent
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| December 2009 | $117.39 | Available Dec 1 | |||
| January 2010 | $78.26 | Available Jan 1 | |||
| February 2010 | $78.26 | Available Feb 1 | |||
| March 2010 | $78.26 | Available Mar 1 | |||
| April 2010 | $78.26 | Available Apr 1 | |||
| May 2010 | $78.26 | Available May 1 | |||
| June 2010 | $117.40 | Available Jun 1 | |||
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