Nazhat Shokat's Group


Status: Paid Back

$1,250.00   Loan Request
$1,250.00   Paid Back

About the Group

Group Name: Nazhat Shokat's Group
Group Members: Rukhsana Begum
Koser Parween
Bushra Bibi
Nazia Nasir
Nazhat Shokat
Location: Chichawatni, Pakistan
Activity: Milk Sales

About the Loan

Loan Amount: $1,250.00
Loan Use: Buy an additional cow
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 22, 2008
Date Disbursed: Apr 6, 2008
Date Funded:Mar 23, 2008
Loan Ended:May 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 Nazhat Shokat, and I come from a small city called Chichawatni in Pakistan. I am married and a mother of two daughters. I live in a one room brick and mud house, and my husband and I sell milk from our house. We have a few cows, but need to buy an additional cow.

Chichawatni is a small town and there not many employment opportunities so many people have small self-owned businesses to make a living. I also have a few other women in my loan group, and they are in need of loans to expand and improve their businesses. These women are: Nazia Nasir, who will use the loan to expand their wood business; Bushra Bibi, who will increase their livestock trading; Koser Parween, who wants to buy a donkey cart; and Rukhsana Begum, who runs a general store.



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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Journal entries for Nazhat Shokat's Group


Loan has been disbursed
 
Entrepreneur: Nazhat Shokat's Group
Location: Chichawatni, Pakistan

Thank you for your loan. It has been disbursed to the group, consisting of Nazhat Shokat, Nazia Nasir, Bushra Bibi, Koser Parween, Rukhsana Begum 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 Chichawatni, Pakistan
Apr 7, 2008
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Kiva Help Repayment Schedule for Nazhat Shokat's Group

  Expected Repayments Actual Repayments Comments
July 2008 $104.17 $105.00 Repayment Received
August 2008 $104.17 $105.00 Repayment Received
September 2008 $104.17 $105.00 Repayment Received
October 2008 $104.17 $105.00 Repayment Received
November 2008 $104.17 $105.00 Repayment Received
December 2008 $104.17 $105.00 Repayment Received
January 2009 $104.17 $99.17 Repayment Received
February 2009 $104.17 $104.17 Repayment Received
March 2009 $104.17 $104.17 Repayment Received
April 2009 $104.17 $104.17 Repayment Received
May 2009 $104.17 $104.17 Repayment Received
June 2009 $104.13 $104.15 Repayment Received