Rani Faqir's Group


Status: Paid Back

$1,150.00   Loan Request
$1,150.00   Paid Back

About the Group

Group Name: Rani Faqir's Group
Group Members: Asiah Yousaf
Tahira Asif
Sardaran Bibi
Rani Faqir
Location: Lahore, Pakistan
Activity: Rickshaw

About the Loan

Loan Amount: $1,150.00
Loan Use: To purchase a new rickshaw.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 2, 2008
Date Disbursed: Apr 18, 2008
Date Funded:Apr 4, 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 Rani Faqir from the city of Lahore, Pakistan. I am married and the mother of four: three boys and one girl, all of whom are married and live separately, with the exception of one son, who lives with me and is the major breadwinner of the family. To make a living he operates a rickshaw which needs to be replaced with a new one, hence our need of a loan.


The members of the group who will share in the loan are: Sardaran Bibi, who will invest her portion in her furniture business; Tahira Asif, who wants to fix her rickshaw, and Asiah Yousaf, who is borrowing for the expansion of 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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Lenders to this group

Lani
Los Angeles, CA
United States

Helen
Bellingham, WA
United States

Megan
Redmond, WA
United States

Lynsey
Chicago, IL
United States

Lucy
Whitefish, MT
United States

Laura
Annandale, VA
United States

Samantha
Arlington, VA
United States

Jeffrey & Natalie
arcadia, CA
United States

Buddy
Louisville, KY
United States

Sascha
Hechtel-Eksel,
Belgium

Anonymous
Seattle, WA
United States

Joan
atlanta, GA
United States

Thomas
Garden City Park, NY
United States

Julia
New Marlborough, MA
United States

Anonymous
Booneville, AR
United States

Cornell Undergraduate Microfinance Fund
Ithaca, NY
United States

Joeymom
Fredericksburg, VA
United States

Nichole
Waukegan, IL
United States

B & C

Singapore

Muslim Financer
Sunderland, UK, Dubai
United Arab Emirates

Mary Kivafriends.org
Raalte,
Netherlands

Anonymous
Minneapolis, MN
United States

Rahul
London, London
United Kingdom

Veronica Vallez
San Jose, CA
United States

Benjamin
Springfield, IL
United States

Kathryn
St. Louis, MO
United States



Journal entries for Rani Faqir's Group


Loan has been disbursed
 
Entrepreneur: Rani Faqir's Group
Location: Lahore, Pakistan

Thank you for your loan. It has been disbursed to the group, consisting of Rani Faqir, Sardaran Bibi, Tahira Asif, Asiah Yousaf 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
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Kiva Help Repayment Schedule for Rani Faqir's Group

  Expected Repayments Actual Repayments Comments
July 2008 $95.83 $96.00 Repayment Received
August 2008 $95.83 $96.00 Repayment Received
September 2008 $95.83 $96.00 Repayment Received
October 2008 $95.83 $96.00 Repayment Received
November 2008 $95.83 $96.00 Repayment Received
December 2008 $95.83 $96.00 Repayment Received
January 2009 $95.83 $94.83 Repayment Received
February 2009 $95.83 $95.83 Repayment Received
March 2009 $95.83 $95.83 Repayment Received
April 2009 $95.83 $95.83 Repayment Received
May 2009 $95.83 $95.83 Repayment Received
June 2009 $95.87 $95.85 Repayment Received