Bashiran Sajjad Hussain Group


Status: Paying Back - Delinquent

$625.00   Loan Amount
0% repaid

About the Group

Group Name: Bashiran Sajjad Hussain Group
Group Members: Bashiran Sajjad hussain
Rukhsana Altaf hussain
Shazia Muhammad waheed
Naseem Abdul rauf
Location: Mughalpura, Pakistan
Activity: Retail

About the Loan

Loan Amount: $625.00
Loan Use: To buy paint
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



Rukhsana baji wants a loan to buy clothes to sell.
Shazia baji wants a loan to buy material (leather and nails) for her shoe-making business.
Naseem baji wants a loan to buy material (lentils, cooking oil. and spices) for her food-selling business.

Bashiran baji is the group leader of the aforementioned ladies. They all live in Lahore, Pakistan. Bashiran baji is married to Sajjad hussain who sells paint. Bashiran baji sews clothes to sell so she can pay the utility bills. She is applying for a loan to buy more paint to sell.

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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Lenders to this group

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Stefan
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Don and Trina
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Kelley
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MIke
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Jonathan
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Anonymous
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sharon
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Journal entries for Bashiran Sajjad Hussain Group


Loan has been disbursed
 
Entrepreneur: Bashiran Sajjad Hussain Group
Location: Mughalpura, Pakistan

Thank you for your loan. It has been disbursed to Bashiran Sajjad hussain Group, consisting of Bashiran Sajjad hussain, Rukhsana Altaf hussain, Shazia Muhammad waheed, Naseem Abdul rauf 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 Bashiran Sajjad Hussain Group

  Expected Repayments Actual Repayments Comments
September 2009 $54.34 $0.00 Delinquent
October 2009 $54.34 $0.00 Delinquent
November 2009 $54.34 $0.00 Delinquent
December 2009 $54.34 Available Dec 1  
January 2010 $54.34 Available Jan 1  
February 2010 $81.51 Available Feb 1  
March 2010 $54.34 Available Mar 1  
April 2010 $54.34 Available Apr 1  
May 2010 $54.34 Available May 1  
June 2010 $54.34 Available Jun 1  
July 2010 $54.43 Available Jul 1