Shahnaz Amanat Ali Group


Status: Paying Back - Delinquent

$1,050.00   Loan Amount
0% repaid

About the Group

Group Name: Shahnaz Amanat Ali Group
Group Members: Shahnaz Amanat ali
Shahnaz Muhammad aslam
Sabran Ghulam rasool
Bushra Mushtaq ahmad
Suraiya Muhammad shah
Location: Arifwala, Pakistan
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $1,050.00
Loan Use: To buy seasonal fruits to sell
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 2, 2009
Date Disbursed: Jul 6, 2009
Date Funded:Jul 16, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.7000 PKR = 1 USD



Shahnaz baji wants a loan to buy material (beads, colored thread, and clothes) for her decorative embroidery business.

Sabran baji wants a loan to buy a movie camera for her movie making business.

Bushra baji wants a loan to buy electric supplies (wires, switches, and switch boards) for her electric supplies business.

Suraiya baji wants a loan to buy groceries for her grocery shop.

Another Shahnaz baji is the leader of this group. She is a very caring lady. Her members are very happy with her because she supports them in their businesses. Her husband's name is Amanat ali. They have lived in the city of Arifwala, Pakistan for the past 10 years. Both of them are very hard working, and they help each other. Her husband deals with seasonal fruit. He buys fruit wholesale and sells it to the fruit shops in various towns. Shahnaz baji helps him by packing the fruit in boxes. She is applying for a loan to buy seasonal fruits to expand her husband’s fruit-selling business.

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.

Note: Bushra baji is wearing a white shawl in the photo.



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 Amanat Ali Group


Loan has been disbursed
 
Entrepreneur: Shahnaz Amanat Ali Group
Location: Arifwala, Pakistan

Thank you for your loan. It has been disbursed to Shahnaz Amanat Ali Group, consisting of Shahnaz Amanat ali, Shahnaz Muhammad aslam, Sabran Ghulam rasool, Bushra Mushtaq ahmad, Suraiya Muhammad shah 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 Arifwala, Pakistan
Jul 17, 2009
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Kiva Help Repayment Schedule for Shahnaz Amanat Ali Group

  Expected Repayments Actual Repayments Comments
October 2009 $136.95 $0.00 Delinquent
November 2009 $91.30 $0.00 Delinquent
December 2009 $91.30 Available Dec 1  
January 2010 $91.30 Available Jan 1  
February 2010 $91.30 Available Feb 1  
March 2010 $91.30 Available Mar 1  
April 2010 $91.30 Available Apr 1  
May 2010 $136.95 Available May 1  
June 2010 $91.30 Available Jun 1  
July 2010 $91.30 Available Jul 1  
August 2010 $45.70 Available Aug 1