Shakira Rukhsana Tanveer Hussain Group


Status: Paying Back - Delinquent

$900.00   Loan Amount
0% repaid

About the Group

Group Name: Shakira Rukhsana Tanveer Hussain Group
Group Members: Shakira rukhsana Tanveer hussain
Nasreen Abdul salam
Sanjeeda Muhammad shahid
Nasreen Abdul majeed
Zareena kosar Waris ali
Location: Mughalpura, Pakistan
Activity: Tailoring

About the Loan

Loan Amount: $900.00
Loan Use: To buy an electric sewing machine for a tailoring center
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 16, 2009
Date Disbursed: Jun 19, 2009
Date Funded:Jun 17, 2009

About the Country

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



Nasreen baji wants a loan to buy bakery items (biscuits & chips) to sell.
Sanjeeda baji wants a loan to buy a sewing machine for her tailoring center.
Nasreen baji wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle).
Zareena kosar baji wants a loan to buy a lath machine.

Shakira rukhsana baji is the wife of Tanveer hussain and has lived in a city named Lahore, in Pakistan, for the last fifteen years. Lahore city is famous for its historical places and for its Punjabi foods. Her husband runs a tailoring center where he sews both ladies' and gentlemen's clothing. Shakra baji also operates a business sewing clothes. She saves her money with a committee and uses it as needed. She is applying for a loan to buy an electric sewing machine for her husband’s tailoring center.

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 Shakira Rukhsana Tanveer Hussain Group


Loan has been disbursed
 
Entrepreneur: Shakira Rukhsana Tanveer Hussain Group
Location: Mughalpura, Pakistan

Thank you for your loan. It has been disbursed to Shakira rukhsana Tanveer hussain Group, consisting of Shakira rukhsana Tanveer hussain , Nasreen Abdul salam, Sanjeeda Muhammad shahid, Nasreen Abdul majeed, Zareena kosar Waris ali 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 19, 2009
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Kiva Help Repayment Schedule for Shakira Rukhsana Tanveer Hussain Group

  Expected Repayments Actual Repayments Comments
September 2009 $78.26 $0.00 Delinquent
October 2009 $78.26 $0.00 Delinquent
November 2009 $78.26 $0.00 Delinquent
December 2009 $78.26 Available Dec 1  
January 2010 $78.26 Available Jan 1  
February 2010 $78.26 Available Feb 1  
March 2010 $117.39 Available Mar 1  
April 2010 $78.26 Available Apr 1  
May 2010 $78.26 Available May 1  
June 2010 $78.26 Available Jun 1  
July 2010 $78.27 Available Jul 1