Rani Bibi's Group


Status: Paid Back

$975.00   Loan Request
$975.00   Paid Back

About the Group

Group Name: Rani Bibi's Group
Group Members: Nazia Bibi
Wazira Bibi
Sajida Bibi
Parween Afzal
Rani Bibi
Location: Arifwala, Pakistan
Activity: Grocery Store

About the Loan

Loan Amount: $975.00
Loan Use: Buy inventory for the grocery store
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 17, 2008
Date Disbursed: Apr 1, 2008
Date Funded:Mar 18, 2008
Loan Ended:May 15, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:62.4000 PKR = 1 USD



I am Rani Bibi from the small town of Arifwala, Pakistan. I am married and have five kids. My husband and I operate a grocery store from our house. We need to purchase some inventory for our store.

I would like to borrow in a group of several other women. Parween Afzal will invest the loan in her husband’s CD and movie shop; Sajida Bibi requires a loan to buy a rickshaw in installments; Wazira Bibi needs this loan to expand her family's fruit business; and Nazia Bibi is borrowing for her bother, who sells watches.



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

Elisabeth
Vinaros, Castellon
Spain

Amjad
Bloomfield Hills, MI
United States

martha
atascadero, CA
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Laurent D
Brussels,
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Syeda
Austin, TX
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John
Sedona, AZ
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Amjad
stillwater, OK
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Chester
Houston, TX
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Aamir
Bellingham, WA
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Anonymous
Mountain View, CA
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Chris McD
Philadelphia, PA
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Shafik
Klang, Selangor
Malaysia

Patric
Denver, CO
United States

Stephane
Paris,
France

Renata
Cavenago di Brianza, Milano
Italy

Kim
Taastrup,

Jim and Donna
Colonial Heights, VA
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Suneel
Los Gatos, CA
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Commodore

United States

Anonymous
Blaine, WA
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Raphael
Diamond Bar, CA
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angela
Norwell, MA
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Patrick
Denver, CO
United States



Journal entries for Rani Bibi's Group


Loan has been disbursed
 
Entrepreneur: Rani Bibi's Group
Location: Arifwala, Pakistan

Thank you for your loan. It has been disbursed to the group, consisting of Rani Bibi, Parween Afzal, Sajida Bibi, Wazira Bibi, Nazia 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 Arifwala, Pakistan
Apr 1, 2008
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Kiva Help Repayment Schedule for Rani Bibi's Group

  Expected Repayments Actual Repayments Comments
July 2008 $81.25 $82.00 Repayment Received
August 2008 $81.25 $82.00 Repayment Received
September 2008 $81.25 $82.00 Repayment Received
October 2008 $81.25 $82.00 Repayment Received
November 2008 $81.25 $82.00 Repayment Received
December 2008 $81.25 $82.00 Repayment Received
January 2009 $81.25 $76.75 Repayment Received
February 2009 $81.25 $81.25 Repayment Received
March 2009 $81.25 $81.25 Repayment Received
April 2009 $81.25 $81.25 Repayment Received
May 2009 $81.25 $81.25 Repayment Received
June 2009 $81.25 $81.25 Repayment Received