Razia Rafiq Group
Status: Paying Back - Delinquent
| $700.00 | Loan Amount |
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0% repaid
About the Group
| Group Name: | Razia Rafiq Group |
|---|---|
| Group Members: |
Razia Rafiq Shamim Aslam Zarqa Aslam Munawar Anwar Nusrat begum Shahzad |
| Location: | Shalimar, Pakistan |
| Activity: | Services |
About the Loan
| Loan Amount: | $700.00 |
|---|---|
| Loan Use: | To buy motor repairing tools. |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 10, 2009 |
| Date Disbursed: | Jun 11, 2009 |
| Date Funded: | Jun 21, 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: | 80.8600 PKR = 1 USD |
Shamim baji wants a loan to buy mobile phones to sell.
Zarqa baji wants a loan to buy iron for making iron rods to sell.
Munawar baji wants a loan to buy items (chairs, tables and table covers) for her catering business.
Nusrat begum baji wants a loan to buy seasonal fruits for her fruit selling business.
My name is Razia and I am the group leader of these above-mentioned ladies. My members and I reside in a city named Lahore, Pakistan. Lahore city is famous for its historical places and for its Punjabi foods. My husband’s name is Mr. Rafiq. He is a mechanic and repairs vehicles in a motor workshop. I operate a business sewing clothes to support my husband. My husband wants to start his own motor workshop. I am requesting a loan so that my husband is able to buy repairing tools to start the motor workshop.
This is a group loan. The loan funds will be distributed amongst 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
Zarqa baji wants a loan to buy iron for making iron rods to sell.
Munawar baji wants a loan to buy items (chairs, tables and table covers) for her catering business.
Nusrat begum baji wants a loan to buy seasonal fruits for her fruit selling business.
My name is Razia and I am the group leader of these above-mentioned ladies. My members and I reside in a city named Lahore, Pakistan. Lahore city is famous for its historical places and for its Punjabi foods. My husband’s name is Mr. Rafiq. He is a mechanic and repairs vehicles in a motor workshop. I operate a business sewing clothes to support my husband. My husband wants to start his own motor workshop. I am requesting a loan so that my husband is able to buy repairing tools to start the motor workshop.
This is a group loan. The loan funds will be distributed amongst 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 Rafiq Group
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Loan has been disbursed
Location: Shalimar, Pakistan
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Posted by
from Shalimar, Pakistan
Jun 22, 2009 |
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Comment on this entry
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Repayment Schedule for Razia Rafiq Group
Repayment Schedule for Razia Rafiq Group
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2009 | $60.86 | $0.00 |  Delinquent
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| October 2009 | $60.86 | $0.00 | Delinquent
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| November 2009 | $60.86 | $0.00 | Delinquent
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| December 2009 | $91.29 | Available Dec 1 | |||
| January 2010 | $60.86 | Available Jan 1 | |||
| February 2010 | $60.86 | Available Feb 1 | |||
| March 2010 | $60.86 | Available Mar 1 | |||
| April 2010 | $60.86 | Available Apr 1 | |||
| May 2010 | $60.86 | Available May 1 | |||
| June 2010 | $91.29 | Available Jun 1 | |||
| July 2010 | $30.54 | Available Jul 1 | |||
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