Haleema Muhammad Ramzan Group


Status: Paying Back - Delinquent

$1,200.00   Loan Amount
0% repaid

About the Group

Group Name: Haleema Muhammad Ramzan Group
Group Members: Haleema Muhammad Ramzan
Samina Dilshad ahmad
Akbari Abdul razaq
Hanifan Muhammad hussain
Nasreen Muhammad aslam
Farzana Abdul jabbar
Ghulam Ayesha Shahab din
Location: Vehari, Pakistan
Activity: Manufacturing

About the Loan

Loan Amount: $1,200.00
Loan Use: To buy material for a bag-making business
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 6, 2009
Date Disbursed: Jul 8, 2009
Date Funded:Jul 15, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:81.6000 PKR = 1 USD



Samina baji and Akbari baji and Hanifan baji each want a loan to buy auto-rickshaws (the local three-wheeled motor vehicle). Nasreen baji wants a loan to buy cosmetics to sell. Farzana baji wants a loan to buy clothes to sell. Ghulam Ayesha baji wants a loan to repair her auto-rickshaw.


Haleema baji is the group leader of the aforementioned ladies. They all belong to a mid-size city name Vehari, Pakistan. She married to a man whose name is Muhammad Ramzan and he has a school-bag-making business. He can make cloth bags and leather bags. She is applying for a loan to buy material (cloth, leather, and zippers) for her husband’s bag-making 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: Haleema baji is seated in the center of the baji’s in white dress.





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 Haleema Muhammad Ramzan Group


Loan has been disbursed
 
Entrepreneur: Haleema Muhammad Ramzan Group
Location: Vehari, Pakistan

Thank you for your loan. It has been disbursed to Haleema Muhammad Ramzan Group, consisting of Haleema Muhammad Ramzan , Samina Dilshad ahmad, Akbari Abdul razaq, Hanifan Muhammad hussain, Nasreen Muhammad aslam, Farzana Abdul jabbar, Ghulam Ayesha Shahab din 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 Vehari, Pakistan
Jul 16, 2009
Comments (1)

Kiva Help Repayment Schedule for Haleema Muhammad Ramzan Group

  Expected Repayments Actual Repayments Comments
October 2009 $104.34 $0.00 Delinquent
November 2009 $156.51 $0.00 Delinquent
December 2009 $104.34 Available Dec 1  
January 2010 $104.34 Available Jan 1  
February 2010 $104.34 Available Feb 1  
March 2010 $104.34 Available Mar 1  
April 2010 $104.34 Available Apr 1  
May 2010 $156.51 Available May 1  
June 2010 $104.34 Available Jun 1  
July 2010 $104.34 Available Jul 1  
August 2010 $52.26 Available Aug 1