Asia Muhammad Imran Group


Status: Paying Back - Delinquent

$1,175.00   Loan Amount
0% repaid

About the Group

Group Name: Asia Muhammad Imran Group
Group Members: Asia Muhammad Imran
Kalsoom Mushtaq ali
Parveen Muhammad altaf
Shahnaz Muhammad qayyum
Khalida Muhammad akbar ali
Location: Shalimar, Pakistan
Activity: Furniture Making

About the Loan

Loan Amount: $1,175.00
Loan Use: To buy materials for a furniture-making business
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 17, 2009
Date Disbursed: Jul 13, 2009
Date Funded:Jul 17, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:82.4948 PKR = 1 USD



Asia baji is the wife of Muhammad Imran. The have resided in Lahore, Pakistan, for the past 10 years. Lahore city is famous for its historical places and Punjabi foods. Her husband is a carpenter and makes furniture to order. He learned this art from his father and started doing this work in his childhood. First he worked with his father, then he started his own business after marriage.

Asia baji is a very active lady. She performs all her duties very effectively. She takes care of every person in her family and even her group members. She has an ability to build good relationships with people. She is applying for a loan to buy wood and nails for her husband’s furniture-making business.

This group loan consists of four additional people: Kalsoom baji wants a loan to buy a donkey cart for hauling. Parveen baji wants a loan to buy cosmetics to sell. Shahnaz baji wants a loan to buy colored thread, beads and clothes for her embroidered-clothes business. Khalida baji wants a loan to buy a sewing machine for sewing clothes.

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: Asia baji is standing in the middle of the bajis and wears a black shawl 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 Asia Muhammad Imran Group


Loan has been disbursed
 
Entrepreneur: Asia Muhammad Imran Group
Location: Shalimar, Pakistan

Thank you for your loan. It has been disbursed to Asia Muhammad Imran Group, consisting of Asia Muhammad Imran, Kalsoom Mushtaq ali, Parveen Muhammad altaf, Shahnaz Muhammad qayyum, Khalida Muhammad akbar ali 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 18, 2009
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Kiva Help Repayment Schedule for Asia Muhammad Imran Group

  Expected Repayments Actual Repayments Comments
October 2009 $102.18 $0.00 Delinquent
November 2009 $102.18 $0.00 Delinquent
December 2009 $102.18 Available Dec 1  
January 2010 $153.27 Available Jan 1  
February 2010 $102.18 Available Feb 1  
March 2010 $102.18 Available Mar 1  
April 2010 $102.18 Available Apr 1  
May 2010 $102.18 Available May 1  
June 2010 $102.18 Available Jun 1  
July 2010 $153.27 Available Jul 1  
August 2010 $51.02 Available Aug 1