Shakooran Sharif's Group


Status: Paid Back

$1,325.00   Loan Request
$1,325.00   Paid Back

About the Group

Group Name: Shakooran Sharif's Group
Group Members: Rashida Bibi
Nosheen Bibi
Sakina Bibi
Abida Bibi
Shakooran Sharif
Location: Multan, Pakistan
Activity: Electrical Goods

About the Loan

Loan Amount: $1,325.00
Loan Use: Expand electric goods store
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 12, 2008
Date Disbursed: Mar 29, 2008
Date Funded:Mar 15, 2008
Loan Ended:Apr 15, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:61.2208 PKR = 1 USD



I am Shakooran Sharif. I am from Multan, a city famous for its shrines in Pakistan. I have lived in this city for the last 35 years. I am married and the mother of eight: five boys and three girls. One of my sons is an electrician and wants a loan for his electric goods store.


I would like to borrow with a group of several other women. Abida Bibi sells rugs and mats. Sakina Bibi is borrowing to buy a rickshaw. Nosheen Bibi will fix her family’s rickshaw with her share of the loan. Rashida Bibi is acquiring the loan for her tailoring business. I wish these women a bright future 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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Anonymous



Journal entries for Shakooran Sharif's Group


Loan has been disbursed
 
Entrepreneur: Shakooran Sharif's Group
Location: Multan, Pakistan

Thank you for your loan. It has been disbursed to the group, consisting of Shakooran Sharif, Abida Bibi, Sakina Bibi, Nosheen Bibi, Rashida 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 29, 2008
Comment on this entry

Kiva Help Repayment Schedule for Shakooran Sharif's Group

  Expected Repayments Actual Repayments Comments
June 2008 $110.42 $111.00 Repayment Received
July 2008 $110.42 $111.00 Repayment Received
August 2008 $110.42 $111.00 Repayment Received
September 2008 $110.42 $111.00 Repayment Received
October 2008 $110.42 $111.00 Repayment Received
November 2008 $110.42 $111.00 Repayment Received
December 2008 $110.42 $107.00 Repayment Received
January 2009 $110.42 $110.33 Repayment Received
February 2009 $110.42 $110.42 Repayment Received
March 2009 $110.42 $110.42 Repayment Received
April 2009 $110.42 $110.42 Repayment Received
May 2009 $110.38 $110.41 Repayment Received