Nasreen Muhammad Mushtaq Group
Status: Paying Back - Delinquent
| $1,050.00 | Loan Amount |
|---|
0% repaid
About the Group
| Group Name: | Nasreen Muhammad Mushtaq Group |
|---|---|
| Group Members: |
Nasreen Muhammad Mushtaq Abida Mushtaq Shabana Abbas Rubina Ameen Sadaf Farooq |
| Location: | Shalimar, Pakistan |
| Activity: | Manufacturing |
About the Loan
| Loan Amount: | $1,050.00 |
|---|---|
| Loan Use: | To buy material for plastic pipe making. |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 7, 2009 |
| Date Disbursed: | Jul 7, 2009 |
| Date Funded: | Jul 7, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Asasah, a partner of Save the Children |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 27 months |
| Kiva Entrepreneurs: | 9322 |
| Total Loans: | $2,113,125 |
| Delinquency Rate: | 57.47% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Pakistan |
|---|---|
| Avg Annual Income: | $3,004.00 |
| Currency: | Pakistan Rupees (PKR) |
| Exchange Rate: | 81.5500 PKR = 1 USD |
Nasreen baji has lived in Lahore, Pakistan for the past 20 years. Lahore is famous for its historical places and Punjabi food. Nasreen baji is a very active lady. She sews clothes to pay off her utilities. Her husband, Muhammad Mushtaq, has run a plastic pipe making business for over 8 years. Nasreen baji is applying for a loan to buy items (plastic beads and patterns) to advance her husband’s business.
This loan serves four other people:
Abida baji wants a loan to buy blankets to sell.
Shabana baji wants a loan to buy a donkey cart for loading.
Rubina baji wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle).
Sadaf baji wants a loan to buy items (creams, cosmetics) for her beauty shop.
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: Nasreen baji wears a white dress and working on a sewing machine in this 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
This loan serves four other people:
Abida baji wants a loan to buy blankets to sell.
Shabana baji wants a loan to buy a donkey cart for loading.
Rubina baji wants a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle).
Sadaf baji wants a loan to buy items (creams, cosmetics) for her beauty shop.
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: Nasreen baji wears a white dress and working on a sewing machine in this 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 Nasreen Muhammad Mushtaq Group
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Loan has been disbursed
Location: Shalimar, Pakistan
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Posted by
from Shalimar, Pakistan
Jul 8, 2009 |
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Comment on this entry
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Repayment Schedule for Nasreen Muhammad Mushtaq Group
Repayment Schedule for Nasreen Muhammad Mushtaq Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $91.30 | $0.00 |  Delinquent
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| November 2009 | $136.95 | $0.00 | Delinquent
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| December 2009 | $91.30 | Available Dec 1 | |||
| January 2010 | $91.30 | Available Jan 1 | |||
| February 2010 | $91.30 | Available Feb 1 | |||
| March 2010 | $91.30 | Available Mar 1 | |||
| April 2010 | $91.30 | Available Apr 1 | |||
| May 2010 | $136.95 | Available May 1 | |||
| June 2010 | $91.30 | Available Jun 1 | |||
| July 2010 | $91.30 | Available Jul 1 | |||
| August 2010 | $45.70 | Available Aug 1 | |||
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