Suraiya Liaqat Ali Group


Status: Paying Back - Delinquent

$475.00   Loan Amount
0% repaid

About the Group

Group Name: Suraiya Liaqat Ali Group
Group Members: Suraiya Liaqat ali
Naziran Anayat Muhammad
Shahnaz Shoqat ali
Location: Arifwala, Pakistan
Activity: Grocery Store

About the Loan

Loan Amount: $475.00
Loan Use: To buy groceries
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 20, 2009

About the Country

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



Suraiya baji is a wife of Liaqat ali. They have lived in Arifwala, Pakistan for 15 years. Her husband is an experienced salesman who decided to start his own grocery shop. Presently, he is running his own grocery shop and his good deals bring more customers to his shop. Suraiya baji is applying for a loan to buy groceries for her husband’s grocery shop.

She is the group leader of two other women from her locality. Naziran baji also wants a loan to buy groceries for her grocery shop. Shahnaz baji wants a loan to buy tea 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.

Note: Suraiya baji is seated in the center of the three women.




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 Suraiya Liaqat Ali Group


Loan has been disbursed
 
Entrepreneur: Suraiya Liaqat Ali Group
Location: Arifwala, Pakistan

Thank you for your loan. It has been disbursed to Suraiya Liaqat Ali Group, consisting of Suraiya Liaqat ali, Naziran Anayat Muhammad, Shahnaz Shoqat 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 Arifwala, Pakistan
Jul 21, 2009
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Kiva Help Repayment Schedule for Suraiya Liaqat Ali Group

  Expected Repayments Actual Repayments Comments
October 2009 $61.95 $0.00 Delinquent
November 2009 $41.30 $0.00 Delinquent
December 2009 $41.30 Available Dec 1  
January 2010 $41.30 Available Jan 1  
February 2010 $41.30 Available Feb 1  
March 2010 $41.30 Available Mar 1  
April 2010 $41.30 Available Apr 1  
May 2010 $61.95 Available May 1  
June 2010 $41.30 Available Jun 1  
July 2010 $41.30 Available Jul 1  
August 2010 $20.70 Available Aug 1