Kaneez Fatima

Status: Paid Back

$350.00		Loan Request
$350.00		Paid Back

About the Entrepreneur

Name:	Kaneez Fatima
Location:	Lahore, Pakistan
Activity:	Tailoring

About the Loan

Loan Amount:	$350.00
Loan Use:	To rent a shop to run a tailoring business
Repayment Term:	15 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Sep 1, 2007
Date Disbursed:	Sep 15, 2007
Date Funded:	Sep 1, 2007
Loan Ended:	Sep 17, 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)

My husband and I have been in the tailoring business for a long time now. While I make clothes for the women and children in my neighborhood, my husband takes orders from bigger houses and makes men’s clothes. Together we make a net profit of $250 per month. Last year we took out a loan of $200 to buy new sewing machines.

We are now in need of a loan to put towards the rent for a small shop on the main road so that we can process more orders. We have successfully put our older three children through school and we wish the same for the youngest who is currently in primary school.

Kaneez Fatima, Pakistan

Lenders to this entrepreneur

Anjali
Jersey City, NJ
United States

Julia
KivaFriends.org, Pasadena, CA
United States

Robert
Lodi, CA
United States

Jordan
Washington, DC
United States

Mark
Perth, WA
Australia

Anonymous
Regina, Saskatchewan
Canada

Glenn & Jo
Morganton, NC
United States

Rick
CO
United States

Anonymous
Sparta, NJ
United States

Journal entries for Kaneez Fatima

Loan has been disbursed Entrepreneur: Kaneez Fatima Location: Lahore, Pakistan Thank you for your loan. It has been disbursed to Kaneez Fatima 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 Lahore, Pakistan Sep 16, 2007
Comment on this entry

Update Entrepreneur: Kaneez Fatima Location: Lahore, 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 have opened a tailor shop in the market with my husband. I used the loan to pay rent on a small shop. We have been able to reach more customers now that we are working in a busy market rather than in our home. I am happy that our family income has increased by 3,000-4,000 PKRs (approximately US $40-55) on a monthly basis. This is my second loan with Asasah (microfinance institution in Pakistan). The increased income from our business has allowed us to pay for household items and support our children. Of my four children, two of my three sons are married. My youngest, my 15-year-old daughter, is still in school. It is my dream that she will continue her education and go to college. 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! Kaneez Fatima
Posted by Saboora Bhutta from Lahore, Pakistan Jul 16, 2008
Comments (1)

Repayment Schedule for Kaneez Fatima

Show Advanced

	Expected Repayments	Actual Repayments	Comments
December 2007	$29.17	$30.00	Repayment Received
January 2008	$29.17	$30.00	Repayment Received
February 2008	$29.17	$30.00	Repayment Received
March 2008	$29.17	$30.00	Repayment Received
April 2008	$29.17	$30.00	Repayment Received
May 2008	$29.17	$30.00	Repayment Received
June 2008	$29.17	$30.00	Repayment Received
July 2008	$29.17	$30.00	Repayment Received
August 2008	$29.17	$30.00	Repayment Received
September 2008	$29.17	$30.00	Repayment Received
October 2008	$29.17	$30.00	Repayment Received
November 2008	$29.13	$20.00	Repayment Received