Nasreen Saeed's Group


Status: Paid Back

$925.00   Loan Request
$925.00   Paid Back

About the Group

Group Name: Nasreen Saeed's Group
Group Members: Yasmeen Bibi
Parween Bibi
Rukkiah Bibi
Rasheeda Bibi
Nasreen Saeed
Location: Multan, Pakistan
Activity: Rickshaw

About the Loan

Loan Amount: $925.00
Loan Use: Replace old rickshaw with a new one
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 15, 2008
Date Disbursed: Feb 29, 2008
Date Funded:Feb 15, 2008
Loan Ended:Mar 15, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:62.7500 PKR = 1 USD



My name is Nasreen Saeed from Multan, Pakistan. My husband is a rickshaw driver. His rickshaw is not in good condition, and he wants to replace it with a new one. The rickshaw is our only source of income, so we are in urgent need of this loan.


My fellow loan members also need loans: Rasheeda Bibi will use her share of the loan to pay off the remaining installments on their rickshaw; this early payment will save them some money. Rukkiah Bibi sells cloth. Parween Bibi’s husband runs an electric goods store. Yasmeen Bibi would use the loan to expand their wholesale betelnut business. All these women play a major role in earning income for their families.



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

Anonymous
Vallejo, CA
United States

Michael
Salt Lake City, UT
United States

Anonymous
MOUNTAIN VIEW, CA
United States

Ben and Joe
Minneapolis, MN
United States

Meg
Noti, OR
United States

Bruce Chou
Oakdale & Los Angeles & San Jose, CA
United States

René en Joke
KivaFriends.org, Amsterdam
Netherlands

Sarah
Lake Forest, IL
United States

Steve & Denise
Santa Rosa, CA
United States

Jason
Beverly Hills, CA
United States

Ashfaq
Lombard, IL
United States

elizabeth
clovis, CA
United States

Bob
Frederick, MD
United States

David & Wife Ajla
Maplewood, Minnesota
United States

Maria
Silver Spring, MD
United States

Adityo
South Jakarta, DKI Jakarta
Indonesia

Susie
South Elgin, IL
United States

izet
Jacksonville, FL
United States

Chuck
Whiteland, IN
United States

Michael
Amsterdam,
Netherlands



Journal entries for Nasreen Saeed's Group


Loan has been disbursed
 
Entrepreneur: Nasreen Saeed's Group
Location: Multan, Pakistan

Thank you for your loan. It has been disbursed to the , consisting of Nasreen Saeed, Rasheeda Bibi, Rukkiah Bibi, Parween Bibi, Yasmeen 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 Multan, Pakistan
Mar 1, 2008
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Kiva Help Repayment Schedule for Nasreen Saeed's Group

  Expected Repayments Actual Repayments Comments
May 2008 $77.08 $0.00 Repayment Received
June 2008 $77.08 $78.00 Repayment Received
July 2008 $77.08 $78.00 Repayment Received
August 2008 $77.08 $78.00 Repayment Received
September 2008 $77.08 $78.00 Repayment Received
October 2008 $77.08 $78.00 Repayment Received
November 2008 $77.08 $78.00 Repayment Received
December 2008 $77.08 $78.00 Repayment Received
January 2009 $77.08 $147.75 Repayment Received
February 2009 $77.08 $77.08 Repayment Received
March 2009 $77.08 $77.08 Repayment Received
April 2009 $77.12 $77.09 Repayment Received