Razia Begum Group


Status: Paying Back - Delinquent

$1,075.00   Loan Amount
0% repaid

About the Group

Group Name: Razia Begum Group
Group Members: Razia begum
Lubna Hassan sheraz
Bushra begum Riasat ali
Hanifan Touqer abas
Nusrat Hidayat ali
Location: Chichawatni, Pakistan
Activity: Motorcycle Transport

About the Loan

Loan Amount: $1,075.00
Loan Use: To buy an auto-rickshaw (a local three-wheeled motor vehicle) for her husband
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 3, 2009
Date Disbursed: Jul 7, 2009
Date Funded:Jul 3, 2009

About the Country

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



Razia begum baji has been a citizen of a city named Chichawatni, Pakistan, for the past ten years. Her husband is a driver and drives a rented auto-rickshaw (a local three-wheeled motor-vehicle).

Razia begum baji is a very hardworking lady. At an early age her mother started teaching her about cooking and domestic chores because she knew that she couldn’t send her to school. Razia begum baji performs her duties in a very effective way. She is applying for a loan to buy an auto-rickshaw (a local three-wheeled motor-vehicle) for her husband so that he earns the whole income of his struggle.

Razia begum baji is the group leader of four other women from her locality:

Lubna baji wants a loan to buy ingredients (lentils, cooking oil and spices) for her food-selling business.

Hanifan wants a loan to buy cold drinks to sell.

Bushra begum baji wants a loan to buy vehicle repair tools for her motor workshop.

Nusrat baji wants a loan to buy a donkey cart for loading.

Note: Razia begum baji is seated near to the stove 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 Razia Begum Group


Loan has been disbursed
 
Entrepreneur: Razia Begum Group
Location: Chichawatni, Pakistan

Thank you for your loan. It has been disbursed to Razia begum Group, consisting of Razia begum, Lubna Hassan sheraz, Bushra begum Riasat ali, Hanifan Touqer abas, Nusrat Hidayat 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 Chichawatni, Pakistan
Jul 7, 2009
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Kiva Help Repayment Schedule for Razia Begum Group

  Expected Repayments Actual Repayments Comments
October 2009 $93.48 $0.00 Delinquent
November 2009 $140.22 $0.00 Delinquent
December 2009 $93.48 Available Dec 1  
January 2010 $93.48 Available Jan 1  
February 2010 $93.48 Available Feb 1  
March 2010 $93.48 Available Mar 1  
April 2010 $93.48 Available Apr 1  
May 2010 $140.22 Available May 1  
June 2010 $93.48 Available Jun 1  
July 2010 $93.48 Available Jul 1  
August 2010 $46.72 Available Aug 1