Sakina Muhammad Ramzan Group


Status: Paying Back - Delinquent

$1,150.00   Loan Amount
0% repaid

About the Group

Group Name: Sakina Muhammad Ramzan Group
Group Members: Sakina Muhammad Ramzan
Bilquis Manzoor
Sharfan Muhammad nazir
Zahida Amanat ali
Imtiaz Muhammad hanif
Amina Muhammad mansha
Parveen Dilbar hussain
Location: Pakpattan, Pakistan
Activity: Rickshaw

About the Loan

Loan Amount: $1,150.00
Loan Use: To buy an auto-rickshaw (a local three-wheeled motor vehicle)
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 7, 2009
Date Disbursed: Jul 6, 2009
Date Funded:Jul 10, 2009

About the Country

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



Bilquis baji wants a loan to buy animals (buffalo) for her animal selling business.
Sharfan baji and Zahida baji and Imtiaz baji each want a loan to buy a donkey cart for loading.
Amina baji wants a loan to buy seasonal vegetables for her vegetable selling business.
Parveen baji wants a loan to buy wheat to sell.


Sakina baji is a wife of Muhammad Ramzan. They both have been citizens of Pakpattan, Pakistan for the past 15 years. Her husband drives an auto-rickshaw (a local three-wheeled motor vehicle), but he drives a rented rickshaw and therefore doesn't get the whole income from his work. Sakina baji is applying for a loan to buy an auto-rickshaw for her husband.


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: Sakina baji wears a black and white dupatta in this picture and the buffalo belongs to Bilquis baji.




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 Sakina Muhammad Ramzan Group


Loan has been disbursed
 
Entrepreneur: Sakina Muhammad Ramzan Group
Location: Pakpattan, Pakistan

Thank you for your loan. It has been disbursed to Sakina Muhammad Ramzan Group, consisting of Sakina Muhammad Ramzan , Bilquis Manzoor, Sharfan Muhammad nazir, Zahida Amanat ali, Imtiaz Muhammad hanif, Amina Muhammad mansha, Parveen Dilbar hussain 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 Pakpattan, Pakistan
Jul 11, 2009
Comment on this entry

Kiva Help Repayment Schedule for Sakina Muhammad Ramzan Group

  Expected Repayments Actual Repayments Comments
October 2009 $150.00 $0.00 Delinquent
November 2009 $100.00 $0.00 Delinquent
December 2009 $100.00 Available Dec 1  
January 2010 $100.00 Available Jan 1  
February 2010 $100.00 Available Feb 1  
March 2010 $100.00 Available Mar 1  
April 2010 $100.00 Available Apr 1  
May 2010 $150.00 Available May 1  
June 2010 $100.00 Available Jun 1  
July 2010 $100.00 Available Jul 1  
August 2010 $50.00 Available Aug 1