Nasreen Arshad Group


Status: Paying Back - Delinquent

$975.00   Loan Amount
0% repaid

About the Group

Group Name: Nasreen Arshad Group
Group Members: Nasreen Arshad
Farzana Khursheed
Gulzar Muhammad hanif
Nasreen Nazir
Location: Borewala, Pakistan
Activity: Transportation

About the Loan

Loan Amount: $975.00
Loan Use: To repair her husband's tractor
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 22, 2009

About the Country

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



Nasreen baji has resided in a city named Borewala, Pakistan, for the past ten years. Borewala city is famous for its shrines. Her husband’s name is Arshad and he is a loader by profession. He loads different items on his tractor such as sugarcane and wheat and delivers to the required address. He has been doing this work for over five years.

Nasreen baji is applying for a loan to repair his tractor because its engine needs urgent maintenance. Nasreen baji is seated in an orange shawl in this photo.

This loan group consists of three additional people:

Farzana baji and Gulzar baji each want a loan to buy seasonal vegetables to sell.

Nasreen baji wants a loan to buy scrap for her scrap business.




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 Arshad Group


Loan has been disbursed
 
Entrepreneur: Nasreen Arshad Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to Nasreen Arshad Group, consisting of Nasreen Arshad, Farzana Khursheed, Gulzar Muhammad hanif, Nasreen Nazir 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 23, 2009
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Kiva Help Repayment Schedule for Nasreen Arshad 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