Parween Akhter's Group


Status: Paid Back

$1,350.00   Loan Request
$1,350.00   Paid Back

About the Group

Group Name: Parween Akhter's Group
Group Members: Rahima Bibi
Saleema Bibi
Nargis Bibi
Rubina Bibi
Nasreen Akhter
Parween Akhter
Location: Borewala, Pakistan
Activity: Electronics Sales

About the Loan

Loan Amount: $1,350.00
Loan Use: Expand an electronics store and various other small businesses
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 26, 2008
Date Disbursed: Feb 10, 2008
Date Funded:Jan 27, 2008
Loan Ended:Mar 15, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:62.3600 PKR = 1 USD



My name is Parween Akhter and I have lived my entire life in the small town of Borewala, Pakistan. My husband operates an electronics store and we have applied for this loan so we can buy new items for him to sell.


I am applying for this loan with five other women: Nasreen Akhter needs a loan to buy goats for her livestock-trading business. Rubina Bibi wants to open up a grocery store. Nargis Bibi will use the loan to repair her family's rickshaw. Saleema Bibi wants a loan for her son’s grocery store. Rahima Bibi is a widow who sells cloth and will use the loan to buy more fabric.



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

Hans
Brussels,
Belgium

Long
Hastings, Victoria
Australia

Anonymous
Europe, Europe

Andrew Schulman
Santa Rosa, CA
United States

Lois
Lafayette, CA
United States

Zoé
Carouge, GE
Switzerland

Simon
Daejeon,
Korea, Republic of

Tom and Diane
Encinitas, CA
United States

betsey
Seattle, WA
United States

Beni
Zürich,
Switzerland

Gordon
San Francisco, CA
United States

John Henry
Citrus Heights, CA
United States

Geoff
Seal Beach, CA
United States

taylor
west hollywood, CA
United States

Errol
Orono, ME
United States

Rajive
Munster, IN
United States

Raj
Germantown, MD
United States

trunkt.org
New York, NY
United States

Judith
madison, WI
United States

John
Truckee, CA
United States

Jim
Chino Hills, California
United States

Tyler
Washington, DC
United States

Victor & Sydney
Bronx, NY
United States

Madeleine
Brookline, MA
United States

Celia
North Hills, CA
United States

Martin
Philadelphia, PA
United States

Tia Terri
Elk Grove, CA
United States

Karl
Culver CIty, CA
United States

Vivian
Virginia Beach, VA
United States



Journal entries for Parween Akhter's Group


Loan has been disbursed
 
Entrepreneur: Parween Akhter's Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to Parween Akhter
Nasreen Akhter
Rubina Bibi
Nargis Bibi
Saleema Bibi
Rahima 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 Borewala, Pakistan
Feb 11, 2008
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Kiva Help Repayment Schedule for Parween Akhter's Group

  Expected Repayments Actual Repayments Comments
May 2008 $112.50 $113.00 Repayment Received
June 2008 $112.50 $113.00 Repayment Received
July 2008 $112.50 $113.00 Repayment Received
August 2008 $112.50 $113.00 Repayment Received
September 2008 $112.50 $113.00 Repayment Received
October 2008 $112.50 $113.00 Repayment Received
November 2008 $112.50 $113.00 Repayment Received
December 2008 $112.50 $113.00 Repayment Received
January 2009 $112.50 $108.50 Repayment Received
February 2009 $112.50 $112.50 Repayment Received
March 2009 $112.50 $112.50 Repayment Received
April 2009 $112.50 $112.50 Repayment Received