Shamim Akhter's Group


Status: Paid Back

$825.00   Loan Request
$825.00   Paid Back

About the Group

Group Name: Shamim Akhter's Group
Group Members: Sughran Bibi
Suriya Bibi
Ramzan Bibi
Akbari Bibi
Shamim Akhter
Location: Faisalabad, Pakistan
Activity: Services

About the Loan

Loan Amount: $825.00
Loan Use: Start a grocery store
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Dec 29, 2007
Date Disbursed: Jan 12, 2008
Date Funded:Dec 29, 2007
Loan Ended:Feb 15, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:61.3100 PKR = 1 USD



I am a widow, Shamim Akhter from the midsize city of Faisalabad, Pakistan. I live here in Lahore with my seven kids: six daughters and one son. My elder children had to quit their studies after their father’s death and work for small pays Now, I have enrolled my younger kids at school so that at least they can get an education. I need a loan to start a grocery store so that I can increase our household income and continue with the studies of my kids. My other group members are Akbari Bibi she needs a loan for her son to buy him a donkey cart. Ramzan Bibi needs a loan for her son’s barber shop. Suriya Bibi is a widow and needs a loan to buy her son a motorcycle to transport goods from one place to another. Sughran Bibi's son wants a loan to start his own motorcycle repair shop. All of these women have promised themselves to throw poverty out of their houses. So please help us in our mission.



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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Lenders to this group

Brian & Heather
New York, NY
United States

Kelly
Gaithersburg, MD
United States

Ann & Grant
Pt Noarlunga Sth, SA
Australia

Marrije
Utrecht,
Netherlands

Bob and Carolyn
Sudbury, Ma
United States

Oddur Olafsson
Akureyri,
Iceland

Leonid
Stoughton, MA
United States

Cheryl
Boise, ID
United States

David H
Wawa, Ontario
Canada

Anonymous
Boston, MA
United States

Hiu Lam
North York, Ontario
Canada

tyler
Cypress, CA
United States

Jill
Fort Collins, CO
United States

Larry
Fowler, IN
United States



Journal entries for Shamim Akhter's Group


Loan has been disbursed
 
Entrepreneur: Shamim Akhter's Group
Location: Faisalabad, Pakistan

Thank you for your loan. It has been disbursed to Shamim Akhter
Akbari Bibi
Ramzan Bibi
Suriya Bibi
Sughran Bibi by Asasah in Pakistan. We are excited to watch this business grow. Over the next 12 months, Asasah will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Faisalabad, Pakistan
Jan 13, 2008
Comments (1)

Kiva Help Repayment Schedule for Shamim Akhter's Group

  Expected Repayments Actual Repayments Comments
April 2008 $68.75 $69.00 Repayment Received
May 2008 $68.75 $69.00 Repayment Received
June 2008 $68.75 $69.00 Repayment Received
July 2008 $68.75 $69.00 Repayment Received
August 2008 $68.75 $69.00 Repayment Received
September 2008 $68.75 $69.00 Repayment Received
October 2008 $68.75 $69.00 Repayment Received
November 2008 $68.75 $69.00 Repayment Received
December 2008 $68.75 $69.00 Repayment Received
January 2009 $68.75 $66.50 Repayment Received
February 2009 $68.75 $68.75 Repayment Received
March 2009 $68.75 $68.75 Repayment Received