Zahida Parween's Group


Status: Paid Back

$1,300.00   Loan Request
$1,300.00   Paid Back

About the Group

Group Name: Zahida Parween's Group
Group Members: Fazeelat Bibi
Parween Qasim
Rubina Hanif
Sajida Bibi
Zahida Parween
Location: Lahore, Pakistan
Activity: Transportation

About the Loan

Loan Amount: $1,300.00
Loan Use: To purchase a new horse.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 1, 2008
Date Disbursed: Apr 17, 2008
Date Funded:Apr 3, 2008
Loan Ended:May 15, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:62.7100 PKR = 1 USD



My name is Zahida Parween, and I have lived all my life in Lahore, Pakistan. I am married and a mother of five: three boys and two girls. Both of my daughters are married, and the boys are currently working. Unfortunately, I could not educate my children due to our impoverished conditions. I cut almost 100 bags daily out of cloth on order from a factory, which then stitches them on machines. My husband drives a horse cart, a popular means of transport here in Pakistan, but he sold his horse for our daughter’s marriage; we now need a loan to buy a new horse.


The women in my group who will share in the loan are: Sajida Bibi, who sews bags; Rubina Hanif, who will pay off the remaining installment for her business; Parween Qasim, who intends to expand the family plastic pipes manufacturing business, and Fazeelat Bibi, whose husband sells fruits.



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

Anonymous
Hagaman, NY
United States

Lyn
Candia, NH
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David
Little Compton, RI
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Tom
Tallahassee, FL
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Red Cowboy Designs
Sugar Hill, GA
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Tom
Menomonee Falls, WI
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Shaukat & Family
Oakville, Ontario
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Anand
Rochester, MN
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Jen
Worthington, OH
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Curt
Virginia Beach, VA
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Randi & Richard
Soul lives, by giving.

Scott & Chérie
Fairbanks, AK
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Jen

Sharon
Indianapolis, IN
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Muslim Financer
Sunderland, UK, Dubai
United Arab Emirates

Nick
San Francisco, CA
United States

Jim
Gardabaer, CA
Iceland

Matthew
St. Louis, MO
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Curtis
Arvada, CO
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Karen
Sun City Center, FL
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Lara
Dunedin,

Julie
Rockville, MD
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nancy
Polson, MT
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John
LITTLE ELM, TX
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Darryl
Ottawa, Ontario
Canada

Anonymous
Mission Viejo, CA
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Kristin
Hanover, MD
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Jerry
Cheyenne, WY
United States

Kate
Winnipeg, Manitoba
Canada

Bryan
Fredericksburg, VA
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Joseph
Akron, OH
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Karen
mapleton, UT
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Bernard
Sag Harbor, NY
United States



Journal entries for Zahida Parween's Group


Loan has been disbursed
 
Entrepreneur: Zahida Parween's Group
Location: Lahore, Pakistan

Thank you for your loan. It has been disbursed to the group, consisting of Zahida Parween, Sajida Bibi, Rubina Hanif, Parween Qasim, Fazeelat 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
Apr 18, 2008
Comment on this entry

Thanks for a loan
 
Entrepreneur: Zahida Parween's Group
Location: Lahore, Pakistan

Dear Lenders,

Greetings from Lahore

I am happy to report Zahida parween is doing extremly well. With the loan she received to buy a horse for her husband's transportation business. Her husband continues his work and generate more income.

Zahida feels proud on his enthusiasm and dedication to his work. Even her husband feels the same for her. They both manage the household expenses from their businesses and pay for the utility expenses.

Zahida is sending her deepest gratitude to all the Kiva lenders for building a good understanding between me and my husband. She hopes that you will continue to support her fellow asasah associates on kiva


Posted by Maryam Zafar from Lahore, Pakistan
Sep 4, 2009
Comment on this entry

Kiva Help Repayment Schedule for Zahida Parween's Group

  Expected Repayments Actual Repayments Comments
July 2008 $108.33 $109.00 Repayment Received
August 2008 $108.33 $109.00 Repayment Received
September 2008 $108.33 $109.00 Repayment Received
October 2008 $108.33 $109.00 Repayment Received
November 2008 $108.33 $109.00 Repayment Received
December 2008 $108.33 $109.00 Repayment Received
January 2009 $108.33 $104.33 Repayment Received
February 2009 $108.33 $108.33 Repayment Received
March 2009 $108.33 $108.33 Repayment Received
April 2009 $108.33 $108.33 Repayment Received
May 2009 $108.33 $108.33 Repayment Received
June 2009 $108.37 $108.35 Repayment Received