Kosar Parveen Niaz Ali Group


Status: Paying Back - Delinquent

$1,250.00   Loan Amount
0% repaid

About the Group

Group Name: Kosar Parveen Niaz Ali Group
Group Members: Kosar parveen Niaz ali
Bashiran Niaz ali
Salamat Muhammad barkat
Amna kosar Muhammad nadeem
Suraiya nasreen Abdul sattar
Location: Borewala, Pakistan
Activity: Manufacturing

About the Loan

Loan Amount: $1,250.00
Loan Use: To buy plastic for making plastic bottles to sell
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 15, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:81.4550 PKR = 1 USD



Kosar parveen baji is a wife of Niaz ali and has resided in a city named Borewala, Pakistan for the past 18 years. They both have a business making & selling plastic bottles. Kosar baji stays at home and prepares the bottles while niaz ali goes to different shops and clinics to sell them. They started this business 4 years ago; they are special in this work because they do it well.

Kosar baji currently needs a loan to advance their business.

She is the group leader of four other women from her locality. Bashiran baji wants a loan to buy milk to sell. Salamat baji wants a loan to buy seasonal fruits to sell. Amna kosar baji wants a loan to buy calling cards to sell. Suraiya nasreen baji wants a loan to buy vegetables 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: “Kosar baji is seated in the middle of the baji’s and is showing her plastic bottles”.






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 Kosar Parveen Niaz Ali Group


Loan has been disbursed
 
Entrepreneur: Kosar Parveen Niaz Ali Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to Kosar Parveen Niaz Ali Group, consisting of Kosar parveen Niaz ali, Bashiran Niaz ali, Salamat Muhammad barkat, Amna kosar Muhammad nadeem, Suraiya nasreen Abdul sattar 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 Borewala, Pakistan
Jul 16, 2009
Comments (1)

Kiva Help Repayment Schedule for Kosar Parveen Niaz Ali Group

  Expected Repayments Actual Repayments Comments
October 2009 $108.70 $0.00 Delinquent
November 2009 $163.05 $0.00 Delinquent
December 2009 $108.70 Available Dec 1  
January 2010 $108.70 Available Jan 1  
February 2010 $108.70 Available Feb 1  
March 2010 $108.70 Available Mar 1  
April 2010 $108.70 Available Apr 1  
May 2010 $163.05 Available May 1  
June 2010 $108.70 Available Jun 1  
July 2010 $108.70 Available Jul 1  
August 2010 $54.30 Available Aug 1