Nazia Naeem's Group


Status: Paid Back

$1,125.00   Loan Request
$1,125.00   Paid Back

About the Group

Group Name: Nazia Naeem's Group
Group Members: Razia Bibi
Kishwer Bibi
Halima Bibi
Bano Saleem
Nazia Naeem
Location: Lahore, Pakistan
Activity: Pharmacy

About the Loan

Loan Amount: $1,125.00
Loan Use: To buy medicines in large quantities.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 1, 2008
Date Disbursed: Apr 15, 2008
Date Funded:Apr 1, 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



I am Nazia Naeem from Lahore, Pakistan. I have four children: two boys and two girls, all of whom attend school with the exception of my youngest son, who is a year old. I embed sequins on shawls, and my husband supplies medicines to various pharmacies in the city. We need a loan to buy additional medicines in large quantities.


The group members who will share in the loan are: Bano Saleem, who embroiders clothes; Halima Bibi, who wants to buy a horse; Kishwer’s husband, who is a welder, and Razia Bibi’s husband, who trades in used items.



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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Brandy
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Jacob
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Nathan
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Patti
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Jen
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Jonathan
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Tasha
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Davina
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Mark
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Michael
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Sean
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Brian
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Susan
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Michael
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Journal entries for Nazia Naeem's Group


Loan has been disbursed
 
Entrepreneur: Nazia Naeem's Group
Location: Lahore, Pakistan

Thank you for your loan. It has been disbursed to the group, consisting of Nazia Naeem, Bano Saleem, Halima Bibi, Kishwer Bibi, Razia 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 16, 2008
Comments (1)

Thanks for a loan
 
Entrepreneur: Nazia Naeem's Group
Location: Lahore, Pakistan

Dear Lenders,

Greetings from Lahore

Asasah provides loan to poor households through women. Women can utilize their loan in the business of their family members such as (husband, father, son and other relations).

Nazia naeem has paid off her loan. She would like to say thanks to all the KIVA lenders who funded loan for her husband. He is very happy because the loan was enough for his purposes and he hopes his lenders will all help him again next time.


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

Kiva Help Repayment Schedule for Nazia Naeem's Group

  Expected Repayments Actual Repayments Comments
July 2008 $93.75 $94.00 Repayment Received
August 2008 $93.75 $94.00 Repayment Received
September 2008 $93.75 $94.00 Repayment Received
October 2008 $93.75 $94.00 Repayment Received
November 2008 $93.75 $94.00 Repayment Received
December 2008 $93.75 $94.00 Repayment Received
January 2009 $93.75 $92.25 Repayment Received
February 2009 $93.75 $93.75 Repayment Received
March 2009 $93.75 $93.75 Repayment Received
April 2009 $93.75 $93.75 Repayment Received
May 2009 $93.75 $93.75 Repayment Received
June 2009 $93.75 $93.75 Repayment Received