Shamshad Iqbal's Group

Status: Paid Back

$800.00		Loan Request
$800.00		Paid Back

About the Group

Group Name:	Shamshad Iqbal's Group
Group Members:	Haseena Bibi Mukhtar Bibi Faizan Mai Shahnaz Bibi Shamshad Iqbal
Location:	Multan, Pakistan
Activity:	Embroidery

About the Loan

Loan Amount:	$800.00
Loan Use:	Expand boutique
Repayment Term:	15 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Feb 16, 2008
Date Disbursed:	Mar 1, 2008
Date Funded:	Feb 16, 2008
Loan Ended:	Apr 15, 2009

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:	Pakistan Rupees (PKR)
Exchange Rate:	62.8500 PKR = 1 USD

I am 27-year-old married woman with three girls, aged 4, 2, and six months. As they are small they do not attend school currently, but will surely go to school in future. I run a boutique from my house, and my husband transports goods on a bull cart. My boutique does well, and with the profits I bought a television for my house. I would use this loan to expand my boutique and produce a greater variety of embroidered clothes. This is a group loan. Shahnaz Bibi would use the loan to expland her husband's vegetable business. Faizan Mai wants to buy a cow. Mukhtar Bibi sells milk from her house. Haseena Bibi’s husband sells vegetables in the city vegetable market.

All of us have been friends for a long time and work hard to earn a decent livelihood for our 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

Lenders to this group

Pam
Gig Harbor, WA
United States

Chirag and Barbie
Oak Park, IL
United States

Kathy & Paul
Westby, WI
United States

Daniel
Lake Forest, IL
United States

Koen
Chicago, IL
United States

Kirk
Atlanta, GA
United States

rooruu
Blue Mountains,
Australia

Anonymous

Anonymous
Bannockburn, Victoria
Australia

Anonymous
Williamsport, MD
United States

Ann Christin + Andreas
Essen,
Germany

Julie
Renton, WA
United States

richard
lawrence, NY
United States

Val
Charlotte, NC
United States

Patrick
San Leandro, CA
United States

Chip
Naperville, IL
United States

Robert
Bedminster, NJ
United States

Bank of Geoff
Oakland, CA
United States

Journal entries for Shamshad Iqbal's Group

Loan has been disbursed Entrepreneur: Shamshad Iqbal's Group Location: Multan, Pakistan Thank you for your loan. It has been disbursed to the , consisting of Shamshad Iqbal, Shahnaz Bibi, Faizan Mai, Mukhtar Bibi, Haseena 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 2, 2008
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Repayment Schedule for Shamshad Iqbal's Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
June 2008	$66.67	$67.00	Repayment Received
July 2008	$66.67	$67.00	Repayment Received
August 2008	$66.67	$67.00	Repayment Received
September 2008	$66.67	$67.00	Repayment Received
October 2008	$66.67	$67.00	Repayment Received
November 2008	$66.67	$67.00	Repayment Received
December 2008	$66.67	$67.00	Repayment Received
January 2009	$66.67	$64.33	Repayment Received
February 2009	$66.67	$66.67	Repayment Received
March 2009	$66.67	$66.67	Repayment Received
April 2009	$66.67	$66.67	Repayment Received
May 2009	$66.63	$66.66	Repayment Received