Shamim Bibi

Status: Paid Back

$250.00		Loan Request
$250.00		Paid Back

About the Entrepreneur

Name:	Shamim Bibi
Location:	Pakpattan, Pakistan
Activity:	Farm Supplies

About the Loan

Loan Amount:	$250.00
Loan Use:	Purchase raw materials
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Aug 3, 2007
Date Disbursed:	Aug 17, 2007
Date Funded:	Aug 3, 2007
Loan Ended:	Aug 18, 2008

About the Field Partner

Field Partner:

Asasah, a partner of Save the Children

Field Partner Risk Rating:

(Learn more)

Active

27 months

9322

$2,113,125

57.47%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Pakistan
Avg Annual Income:	$3,004.00
Currency:	United States Dollars (USD)

“I sell animal skins and fodder as well as trading livestock. I am lucky enough to have a piece of land that I can use to keep my animals and would like $246 to purchase additional fodder to sell in the local market. My husband is only seasonally employed as we live in a small town where there isn’t much work to go around. I have five children, three of which are in government school. I make about $3 to $5 per day. Your loan will help me increase my family’s income.”

Lenders to this entrepreneur

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Lexington, KY
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Kathe
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Anonymous
Sullivans Island, SC
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Fred
La Marque, TX KivaFriends.org
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Anonymous
Langley, British Columbia
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Top Lending Teams for this entrepreneur

Bayou City Lenders
Local Area
15 Members

Journal entries for Shamim Bibi

Loan has been disbursed Entrepreneur: Shamim Bibi Location: Pakpattan, Pakistan Thank you for your loan. It has been disbursed to Shamim Bibi by Asasah in Pakistan. We are excited to watch this business grow. Over the next 12 - 18 months, Asasah will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Pakpattan, Pakistan Aug 18, 2007
Comments (2)

Update Entrepreneur: Shamim Bibi Location: Pakpattan, Pakistan Dear Lenders, I apologize for the delay in updating you on the progress of my family business. With the loan that you provided me, I purchased animal fodder to sell in the market. Although my husband used to be a seasonally employed laborer, he has developed a serious lung condition that prevents him from working. Now I am the only breadwinner for our family. My business is not going well because competition is intense, with only a limited number of jobs in our small town. Since I took out this 15,000 PKRs (US $210) loan, I have made a total profit of 20,000 PKRs (US $280) from selling animal fodder. Although I have been able to repay my loan on time, I have not had much earnings left to pay for daily necessities for our family. With food costs rising drastically, I am having a lot of difficulty feeding my five children. After I finish repaying this loan, I do not plan to take another loan with Asasah (microfinance institution in Pakistan) in the near future because my animal fodder business has not been successful. My daughter is now a teacher, so she will help support our family along with my business. I am grateful to each of you for your loan. I hope that you will continue to support my fellow Asasah associates on Kiva. Thank you! Shamim Muhammed Yamin Bibi
Posted by Saboora Bhutta from Pakpattan, Pakistan Jul 31, 2008
Comments (2)

Repayment Schedule for Shamim Bibi

Show Advanced

	Expected Repayments	Actual Repayments	Comments
November 2007	$20.83	$21.00	Repayment Received
December 2007	$20.83	$21.00	Repayment Received
January 2008	$20.83	$21.00	Repayment Received
February 2008	$20.83	$21.00	Repayment Received
March 2008	$20.83	$21.00	Repayment Received
April 2008	$20.83	$21.00	Repayment Received
May 2008	$20.83	$21.00	Repayment Received
June 2008	$20.83	$21.00	Repayment Received
July 2008	$20.83	$21.00	Repayment Received
August 2008	$20.83	$21.00	Repayment Received
September 2008	$20.83	$21.00	Repayment Received
October 2008	$20.87	$19.00	Repayment Received