Salma Muhammad's Group
Status: Paid Back
| $1,300.00 | Loan Request | |
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| $1,300.00 | Paid Back |
About the Group
| Group Name: | Salma Muhammad's Group |
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| Group Members: |
Shamim Muhammad Inayat Bashir Khursheed Bibi Zainab Saeed Salma Muhammad |
| Location: | Raiwind, Pakistan |
| Activity: | Manufacturing |
About the Loan
| Loan Amount: | $1,300.00 |
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| Loan Use: | To expand shoes manufacturing business |
| Repayment Term: | 15 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 18, 2008 |
| Date Disbursed: | Feb 1, 2008 |
| Date Funded: | Jan 18, 2008 |
| Loan Ended: | Mar 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Asasah, a partner of Save the Children |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 27 months |
| Kiva Entrepreneurs: | 9322 |
| Total Loans: | $2,113,125 |
| Delinquency Rate: | 57.47% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Pakistan |
|---|---|
| Avg Annual Income: | $3,004.00 |
| Currency: | Pakistan Rupees (PKR) |
| Exchange Rate: | 62.4600 PKR = 1 USD |
I live in Riawind with my husband and children. I have been in this city for past twenty years. My husband makes and sells shoes; my elder son is a local transport driver and the younger drives a rickshaw. This would be my second loan from Asasah, the microfinance institution. Last year we used this loan for our shoes business and this year we request an additional loan for the same. We plan to offer socks along with shoes. My group members also request loans. Zainab Saeed requests this loan to expand her beauty parlor. Khursheed Bibi will invest in their business . Inayat Bashir will invest this loan in their shoes business. Shamim Muhammad makes embroidered clothes and shoes.
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
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 Salma Muhammad's Group
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Loan has been disbursed
Location: Raiwind, Pakistan
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Posted by
from Raiwind, Pakistan
Feb 2, 2008 |
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Comments (1)
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Appreciates for your loan
Location: Raiwind, Pakistan
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Posted by
Maryam Zafar from Raiwind, Pakistan
Aug 4, 2009 |
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Comment on this entry
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Repayment Schedule for Salma Muhammad's Group
Repayment Schedule for Salma Muhammad's Group
| Expected Repayments | Actual Repayments | Comments | |||
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| May 2008 | $108.33 | $109.00 |  Repayment Received
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| June 2008 | $108.33 | $109.00 | Repayment Received
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| July 2008 | $108.33 | $109.00 | Repayment Received
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| August 2008 | $108.33 | $109.00 | Repayment Received
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| September 2008 | $108.33 | $109.00 | Repayment Received
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| October 2008 | $108.33 | $109.00 | Repayment Received
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| November 2008 | $108.33 | $109.00 | Repayment Received
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| December 2008 | $108.33 | $109.00 | Repayment Received
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| January 2009 | $108.33 | $103.00 | Repayment Received
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| February 2009 | $108.33 | $108.33 | Repayment Received
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| March 2009 | $108.33 | $108.33 | Repayment Received
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| April 2009 | $108.37 | $108.34 | Repayment Received
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