Shahnaz Kosar Abdul Sattar Group


Status: Paying Back - Delinquent

$875.00   Loan Amount
0% repaid

About the Group

Group Name: Shahnaz Kosar Abdul Sattar Group
Group Members: Shahnaz kosar Abdul sattar
Samina kosar Allah wasaya
Farzana bano Muhammad ishaq
Salma begum Abdul majeed
Location: Yadgar, Pakistan
Activity: Construction Supplies

About the Loan

Loan Amount: $875.00
Loan Use: To buy construction supplies to sell
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 1, 2009
Date Disbursed: Jun 16, 2009
Date Funded:Jul 4, 2009

About the Country

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



Shahnaz kosar baji has been a citizen of Yadgar in the city of Lahore, Pakistan, for the past seven years. Her husband runs a business selling construction supplies to building contractors. Shahnaz baji sews clothes for people and charges them $2 an item. She saves her money in a committee for rainy days. Shahnaz baji is applying for a loan to buy construction supplies to increase her husband's profit.

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

Farzana bano baji wants a loan to buy calling cards to sell.

Salma begum baji wants a loan to buy beams for her shuttering business.

About group loans
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 Shahnaz Kosar Abdul Sattar Group


Loan has been disbursed
 
Entrepreneur: Shahnaz Kosar Abdul Sattar Group
Location: Yadgar, Pakistan

Thank you for your loan. It has been disbursed to Shahnaz kosar Abdul sattar Group, consisting of Shahnaz kosar Abdul sattar, Samina kosar Allah wasaya, Farzana bano Muhammad ishaq, Salma begum Abdul majeed 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
Jul 5, 2009
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Kiva Help Repayment Schedule for Shahnaz Kosar Abdul Sattar Group

  Expected Repayments Actual Repayments Comments
September 2009 $76.08 $0.00 Delinquent
October 2009 $76.08 $0.00 Delinquent
November 2009 $76.08 $0.00 Delinquent
December 2009 $76.08 Available Dec 1  
January 2010 $76.08 Available Jan 1  
February 2010 $114.12 Available Feb 1  
March 2010 $76.08 Available Mar 1  
April 2010 $76.08 Available Apr 1  
May 2010 $76.08 Available May 1  
June 2010 $76.08 Available Jun 1  
July 2010 $76.16 Available Jul 1