Nazia Bibi's Group

Status: Paid Back

$950.00		Loan Request
$950.00		Paid Back

About the Group

Group Name:	Nazia Bibi's Group
Group Members:	Balqees Bibi Kanwal Bibi Razia Bibi Parween Salamat Nazia Bibi
Location:	Lahore, Pakistan
Activity:	Clothing Sales

About the Loan

Loan Amount:	$950.00
Loan Use:	Buy cloth for the clothing sales
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Mar 9, 2008
Date Disbursed:	Mar 25, 2008
Date Funded:	Mar 11, 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:	61.2203 PKR = 1 USD

My name is Nazia Bibi and I am a group leader of four other women. I am also a mother of three boys; two attend school and one, who is too young for school, stays at home. My husband works at a local hospital as support staff and I sell cloth. I travel to the city of Peshawar, which is famous for its inexpensive and good quality clothes, and buy cloth for my clothing sales. I would like to purchase additional cloth with this loan.

The other women in my group are requesting a loan for the following uses: Parween Salamat will use the loan to buy her son cardboard, Razia Bibi is borrowing money for her husband who is a construction worker, Kanwal Bibi’s husband wants this loan to buy cardboard and gum and Balqees Bibi will invest in her business.

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

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Susan
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William
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Laurel
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steve roh
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Heather
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Nashlyn
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Laurent D
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MAGGIE
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Muslim Financer
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Sarah
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Jana
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Marchele
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Cameron & Evelyn
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james "Jim"
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Hassan Syed

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Joanna
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Karl
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Kevin
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Martin
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Kathrine
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Journal entries for Nazia Bibi's Group

Loan has been disbursed Entrepreneur: Nazia Bibi's Group Location: Lahore, Pakistan Thank you for your loan. It has been disbursed to the group, consisting of Nazia Bibi, Parween Salamat, Razia Bibi, Kanwal Bibi, Balqees 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 Lahore, Pakistan Mar 25, 2008
Comment on this entry

Thanks for a loan Entrepreneur: Nazia Bibi's Group Location: Lahore, Pakistan Dear Lenders, Greetings from Lahore I am very obliged for your loan which you gave to me for achieving my dream. Your given amount helped me in establishing my cloth selling business. I re-invest my profit in my business and earn the double profit. I’m very much pleased to tell you that now my younger son is also got enrollment in a school and are getting an education. I am grateful to all my lenders who showed faith on me and to Asasah for approving my loan. Yours on time support helped improving my personality and made me confident. Thank you once again.
Posted by Maryam Zafar from Lahore, Pakistan Sep 11, 2009
Comment on this entry

Repayment Schedule for Nazia Bibi's Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
June 2008	$79.17	$80.00	Repayment Received
July 2008	$79.17	$80.00	Repayment Received
August 2008	$79.17	$80.00	Repayment Received
September 2008	$79.17	$80.00	Repayment Received
October 2008	$79.17	$80.00	Repayment Received
November 2008	$79.17	$80.00	Repayment Received
December 2008	$79.17	$75.00	Repayment Received
January 2009	$79.17	$78.33	Repayment Received
February 2009	$79.17	$79.17	Repayment Received
March 2009	$79.17	$79.17	Repayment Received
April 2009	$79.17	$79.17	Repayment Received
May 2009	$79.13	$79.16	Repayment Received