Sugran Muhammad Ashraf Group


Status: Paying Back - Delinquent

$950.00   Loan Amount
0% repaid

About the Group

Group Name: Sugran Muhammad Ashraf Group
Group Members: Sugran Muhammad ashraf
Yasmeen Yaseen
Maqsooda Muhammad anees
Fozia Muhammad ashraf
Bushra Muhammad iqbal
Location: Yadgar, Pakistan
Activity: Tailoring

About the Loan

Loan Amount: $950.00
Loan Use: To buy an electric sewing machine
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 12, 2009
Date Disbursed: Jun 16, 2009
Date Funded:Jun 13, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.1600 PKR = 1 USD



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

Maqsooda baji wants a loan to buy cosmetics and a dryer for her beauty salon.

Fozia baji wants a loan to buy a sewing machine for sewing clothes.

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

Sugran baji, wife of Muhammad ashraf, has lived in a city named Lahore, Pakistan, for the last fifteen years. Lahore city is famous for its historical places and for its Punjabi foods. Her husband has a tailoring center in the community and sews clothes and earns income. Sugran baji also helps him by sewing clothes. She is applying for a loan to buy an electric sewing machine so that he is able to sew more clothes and earn more income.




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 Sugran Muhammad Ashraf Group


Loan has been disbursed
 
Entrepreneur: Sugran Muhammad Ashraf Group
Location: Yadgar, Pakistan

Thank you for your loan. It has been disbursed to Sugran Muhammad ashraf Group, consisting of Sugran Muhammad ashraf, Yasmeen Yaseen, Maqsooda Muhammad anees, Fozia Muhammad ashraf, Bushra Muhammad iqbal 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 Yadgar, Pakistan
Jun 16, 2009
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Kiva Help Repayment Schedule for Sugran Muhammad Ashraf Group

  Expected Repayments Actual Repayments Comments
September 2009 $82.60 $0.00 Delinquent
October 2009 $82.60 $0.00 Delinquent
November 2009 $82.60 $0.00 Delinquent
December 2009 $82.60 Available Dec 1  
January 2010 $82.60 Available Jan 1  
February 2010 $123.90 Available Feb 1  
March 2010 $82.60 Available Mar 1  
April 2010 $82.60 Available Apr 1  
May 2010 $82.60 Available May 1  
June 2010 $82.60 Available Jun 1  
July 2010 $82.70 Available Jul 1