Hamidan Muhammad Sharif Group


Status: Paying Back - Delinquent

$525.00   Loan Amount
0% repaid

About the Group

Group Name: Hamidan Muhammad Sharif Group
Group Members: Hamidan Muhammad sharif
Fozia Shafqat mahmood
Azra parveen Tariq hussain
Location: Mughalpura, Pakistan
Activity: Tailoring

About the Loan

Loan Amount: $525.00
Loan Use: To buy an electric sewing machine for sewing clothes
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 16, 2009
Date Disbursed: Jun 17, 2009
Date Funded:Jun 16, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.2600 PKR = 1 USD



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

Azra parveen baji wants a loan to buy biscuits (cookies) and chips for her canteen.

Hamidan baji has been a citizen of Lahore, Pakistan for the past eighteen years. Lahore city is famous for its historical places and for its Punjabi foods. Her husband works in a factory on monthly wage.

Hamidan baji, herself, operate a clothes-sewing business to pay off the utilities because her husband’s income is insufficient to meet the expenses. She is applying for a loan to buy an electric sewing machine for her clothes-sewing business.




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 Hamidan Muhammad Sharif Group


Loan has been disbursed
 
Entrepreneur: Hamidan Muhammad Sharif Group
Location: Mughalpura, Pakistan

Thank you for your loan. It has been disbursed to Hamidan Muhammad sharif Group, consisting of Hamidan Muhammad sharif, Fozia Shafqat mahmood, Azra parveen Tariq hussain 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 Mughalpura, Pakistan
Jun 17, 2009
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Kiva Help Repayment Schedule for Hamidan Muhammad Sharif Group

  Expected Repayments Actual Repayments Comments
September 2009 $45.66 $0.00 Delinquent
October 2009 $45.66 $0.00 Delinquent
November 2009 $45.66 $0.00 Delinquent
December 2009 $45.66 Available Dec 1  
January 2010 $45.66 Available Jan 1  
February 2010 $68.49 Available Feb 1  
March 2010 $45.66 Available Mar 1  
April 2010 $45.66 Available Apr 1  
May 2010 $45.66 Available May 1  
June 2010 $45.66 Available Jun 1  
July 2010 $45.57 Available Jul 1