Fozia Tufail's Group
Status: Paid Back
| $1,500.00 | Loan Request | |
|---|---|---|
| $1,500.00 | Paid Back |
About the Group
| Group Name: | Fozia Tufail's Group |
|---|---|
| Group Members: |
Mumtaz Bibi Samina Bibi Nazia Bibi Usha Bibi Fozia Tufail |
| Location: | Lahore, Pakistan |
| Activity: | Cloth & Dressmaking Supplies |
About the Loan
| Loan Amount: | $1,500.00 |
|---|---|
| Loan Use: | To purchase cloth in bulk for the business. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 1, 2008 |
| Date Disbursed: | Apr 18, 2008 |
| Date Funded: | Apr 4, 2008 |
| Loan Ended: | May 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Asasah, a partner of Save the Children |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 27 months |
| Kiva Entrepreneurs: | 9322 |
| Total Loans: | $2,113,125 |
| Delinquency Rate: | 57.47% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Pakistan |
|---|---|
| Avg Annual Income: | $3,004.00 |
| Currency: | Pakistan Rupees (PKR) |
| Exchange Rate: | 62.7100 PKR = 1 USD |
My group members who will share in the loan are: Usha and Nazia, both of whom run separate beauty parlors; Samina, who is borrowing for her family’s paint business, and Mumtaz Bibi, who will invest her share of the loan in her grocery 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 Fozia Tufail's Group
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Loan has been disbursed
Location: Lahore, Pakistan
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Posted by
from Lahore, Pakistan
Apr 18, 2008 |
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Comments (5)
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Repayment Schedule for Fozia Tufail's Group
Repayment Schedule for Fozia Tufail's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2008 | $125.00 | $125.00 |  Repayment Received
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| August 2008 | $125.00 | $125.00 | Repayment Received
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| September 2008 | $125.00 | $125.00 | Repayment Received
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| October 2008 | $125.00 | $125.00 | Repayment Received
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| November 2008 | $125.00 | $125.00 | Repayment Received
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| December 2008 | $125.00 | $125.00 | Repayment Received
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| January 2009 | $125.00 | $125.00 | Repayment Received
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| February 2009 | $125.00 | $125.00 | Repayment Received
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| March 2009 | $125.00 | $125.00 | Repayment Received
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| April 2009 | $125.00 | $125.00 | Repayment Received
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| May 2009 | $125.00 | $125.00 | Repayment Received
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| June 2009 | $125.00 | $125.00 | Repayment Received
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