Noreen Faqeer Hussain Group


Status: Paying Back - Delinquent

$975.00   Loan Amount
0% repaid

About the Group

Group Name: Noreen Faqeer Hussain Group
Group Members: Noreen Faqeer hussain
Saima Faqeer hussain
Kosar parveen Ghulam hussain
Rani Nadeem
Nasreen Muhammad Irshad
Location: Borewala, Pakistan
Activity: Food Production/Sales

About the Loan

Loan Amount: $975.00
Loan Use: To buy fruit for their fruit-salad business
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 20, 2009
Date Disbursed: Jul 15, 2009
Date Funded:Jul 21, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:82.1100 PKR = 1 USD



Noreen baji has been a citizen of Borewala, Pakistan, for the past fifteen years. Borewala city is famous for its shrines. Her husband’s name is Faqeer hussain and he runs a business selling fruit-salad. Noreen baji helps him by making the fruit salad and sauces. His business is going well. He treks to different communities and sells his products from a cart.

Noreen baji is applying for a loan to buy seasonal fruits to advance her husband’s fruit-salad business. In the photo, Noreen baji is seated in a middle of the baji’s.

This loan group consists of four additional people:

Saima baji wants a loan to buy groceries for her grocery shop.

Kosar parveen baji wants a loan to buy a welding machine.

Rani baji wants a loan to buy paint boxes to sell.

Nasreen baji wants a loan to buy cosmetics to sell.




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 Noreen Faqeer Hussain Group


Loan has been disbursed
 
Entrepreneur: Noreen Faqeer Hussain Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to Noreen Faqeer Hussain Group, consisting of Noreen Faqeer hussain, Saima Faqeer hussain, Kosar parveen Ghulam hussain, Rani Nadeem, Nasreen Muhammad Irshad 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 Borewala, Pakistan
Jul 22, 2009
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Kiva Help Repayment Schedule for Noreen Faqeer Hussain Group

  Expected Repayments Actual Repayments Comments
October 2009 $84.78 $0.00 Delinquent
November 2009 $84.78 $0.00 Delinquent
December 2009 $84.78 Available Dec 1  
January 2010 $84.78 Available Jan 1  
February 2010 $127.17 Available Feb 1  
March 2010 $84.78 Available Mar 1  
April 2010 $84.78 Available Apr 1  
May 2010 $84.78 Available May 1  
June 2010 $84.78 Available Jun 1  
July 2010 $84.78 Available Jul 1  
August 2010 $84.81 Available Aug 1