Hamidan Haji Talib Hussain Group


Status: Paying Back - Delinquent

$1,000.00   Loan Amount
0% repaid

About the Group

Group Name: Hamidan Haji Talib Hussain Group
Group Members: Hamidan Haji Talib hussain
Naseem Muhammad din
Naheed kosar Ejaz hussain
Iftikhar kosar Arshad ali
Location: Chichawatni, Pakistan
Activity: Soft Drinks

About the Loan

Loan Amount: $1,000.00
Loan Use: To buy cold drinks for drink corner
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 20, 2009

About the Country

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



In this photo, Hamidan baji is seated with her group members, holding a child in the right side of the picture. She is a very sincere and gentle lady. She takes care of all her responsibilities in a very effective way. Her husband's name is Haji Talib hussain, and he runs a cold-drink corner. He has been doing this work for the past 3 years. She is applying for a loan to buy cold drinks to increase the profit of her drink corner.


She is the group leader of three other women from her locality. Naseem baji wants a loan to buy embroidery material (colored thread, clothes, and beads) for preparing embroidered dresses. Naheed kosar baji wants a loan to buy a welding machine, and Iftikhar kosar wants a loan to repair her auto-rickshaw (a local three-wheeled motor vehicle).


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 Hamidan Haji Talib Hussain Group


Loan has been disbursed
 
Entrepreneur: Hamidan Haji Talib Hussain Group
Location: Chichawatni, Pakistan

Thank you for your loan. It has been disbursed to Hamidan Haji Talib Hussain Group, consisting of Hamidan Haji Talib hussain , Naseem Muhammad din, Naheed kosar Ejaz hussain, Iftikhar kosar Arshad 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 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Hamidan Haji Talib Hussain Group

  Expected Repayments Actual Repayments Comments
October 2009 $86.96 $0.00 Delinquent
November 2009 $130.44 $0.00 Delinquent
December 2009 $86.96 Available Dec 1  
January 2010 $86.96 Available Jan 1  
February 2010 $86.96 Available Feb 1  
March 2010 $86.96 Available Mar 1  
April 2010 $86.96 Available Apr 1  
May 2010 $130.44 Available May 1  
June 2010 $86.96 Available Jun 1  
July 2010 $86.96 Available Jul 1  
August 2010 $43.44 Available Aug 1