Ghazala Liaqat Group


Status: Paying Back - Delinquent

$1,100.00   Loan Amount
0% repaid

About the Group

Group Name: Ghazala Liaqat Group
Group Members: Ghazala Liaqat
Nasira Bashir hussain
Farzana Anwar
Salma Gulzar
Shagufta Siddique
Location: Shalimar, Pakistan
Activity: Grocery Store

About the Loan

Loan Amount: $1,100.00
Loan Use: To buy groceries for her husband's grocery shop
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 15, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:81.5500 PKR = 1 USD



Ghazala baji, wife of Liaqat, has resided in the city of Lahore, Pakistan, for the past ten years. Lahore city is famous for its historical places and its Punjabi foods.

Ghazala baji is a very active lady. She performs her duties and manages her family very effectively. Her husband runs a grocery shop in the community. People are used to coming to him for groceries because of the reasonable prices and good quality. She is requesting a loan to buy more groceries to advance her husband’s grocery shop.

This loan consists of four additional people:

Nasira baji wants a loan to buy plastic water bottles to sell.

Farzana baji wants a loan to buy a sewing machine for sewing clothes.

Salma baji wants a loan to buy another water-buffalo for her animal-selling business.

Shagufta baji wants a loan to buy sanitary supplies (pipes, taps) to sell.

In the photo, Ghazala baji is standing in the center of the group, showing her member Salma baji’s water-buffalo.




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 Ghazala Liaqat Group


Loan has been disbursed
 
Entrepreneur: Ghazala Liaqat Group
Location: Shalimar, Pakistan

Thank you for your loan. It has been disbursed to Ghazala Liaqat Group, consisting of Ghazala Liaqat, Nasira Bashir hussain, Farzana Anwar, Salma Gulzar, Shagufta Siddique 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 Shalimar, Pakistan
Jul 16, 2009
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Kiva Help Repayment Schedule for Ghazala Liaqat Group

  Expected Repayments Actual Repayments Comments
October 2009 $95.66 $0.00 Delinquent
November 2009 $143.49 $0.00 Delinquent
December 2009 $95.66 Available Dec 1  
January 2010 $95.66 Available Jan 1  
February 2010 $95.66 Available Feb 1  
March 2010 $95.66 Available Mar 1  
April 2010 $95.66 Available Apr 1  
May 2010 $143.49 Available May 1  
June 2010 $95.66 Available Jun 1  
July 2010 $95.66 Available Jul 1  
August 2010 $47.74 Available Aug 1