Parveen Muhammad Rafiq Group
Status: Paying Back - Delinquent
| $1,425.00 | Loan Amount |
|---|
About the Group
| Group Name: | Parveen Muhammad Rafiq Group |
|---|---|
| Group Members: |
Parveen Muhammad Rafiq Hafizan Muhammad arif Sajida Aslam Shahnaz Muhammad Aslam Rehana Shafique |
| Location: | Shalimar, Pakistan |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $1,425.00 |
|---|---|
| Loan Use: | To buy clothes to sell |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 8, 2009 |
| Date Disbursed: | Jul 8, 2009 |
| Date Funded: | Jul 20, 2009 |
About the Field Partner
About the Field Partner
|
|
| 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: | 81.5100 PKR = 1 USD |
This loan consists of four additional people:
Hafizan bajfi and Sajida baji each want a loan to buy material (beads, colored thread and clothes) for their decorative embroidery business.
Shahnaz baji wants a loan to buy groceries for her grocery shop.
Rehana baji wants a loan to buy cooking oil, sugar and dried fruits for her sweetmeat-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: Parveen baji is standing in the first left side and showing Shahnaz baji's refregerator in which she keeps cold drinks and juices for selling.
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 Parveen Muhammad Rafiq Group
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Loan has been disbursed
Location: Shalimar, Pakistan
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Posted by
from Shalimar, Pakistan
Jul 21, 2009 |
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Comment on this entry
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Repayment Schedule for Parveen Muhammad Rafiq Group
Repayment Schedule for Parveen Muhammad Rafiq Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $123.92 | $0.00 |  Delinquent
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| November 2009 | $185.88 | $0.00 | Delinquent
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| December 2009 | $123.92 | Available Dec 1 | |||
| January 2010 | $123.92 | Available Jan 1 | |||
| February 2010 | $123.92 | Available Feb 1 | |||
| March 2010 | $123.92 | Available Mar 1 | |||
| April 2010 | $123.92 | Available Apr 1 | |||
| May 2010 | $185.88 | Available May 1 | |||
| June 2010 | $123.92 | Available Jun 1 | |||
| July 2010 | $123.92 | Available Jul 1 | |||
| August 2010 | $61.88 | Available Aug 1 | |||
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