Seema Saleem's Group

Status: Paid Back

$1,350.00		Loan Request
$1,350.00		Paid Back

About the Group

Group Name:	Seema Saleem's Group
Group Members:	Rehana Bibi Safia Bibi Asma Saleem Yasmeen Bibi Seema Saleem
Location:	Lahore, Pakistan
Activity:	Manufacturing

About the Loan

Loan Amount:	$1,350.00
Loan Use:	to expand the manufacture of thread reels
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Apr 25, 2008
Date Disbursed:	May 12, 2008
Date Funded:	Apr 28, 2008
Loan Ended:	Jun 15, 2009

About the Field Partner

Field Partner:

Asasah, a partner of Save the Children

Field Partner Risk Rating:

(Learn more)

Active

27 months

9322

$2,113,125

57.47%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Pakistan
Avg Annual Income:	$3,004.00
Currency:	Pakistan Rupees (PKR)
Exchange Rate:	63.0600 PKR = 1 USD

Seema Saleem is a group leader. She is married and has six kids, all of whom attend a local school. Seema’s husband manufactures thread reels. He has invested a several loans in his business previously, which allowed him to continue sending his kids to school. Now, they require a loan to expand their business further.

The women in the group all reside in Lahore, the second largest city in Pakistan. Seema’s subgroup members are: Yasmeen (who has a grocery store), Asma Saleem (her husband is a welder) and Rehana Bibi (who has a thread manufacturing business). Lastly, Safia Bibi is a widow who has a printing press.

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

Lenders to this group

kathleen
portland, OR
United States

The Imran Family
Regina, SK
Canada

Kiva B4B
Spring House, PA
United States

Good Dogg
Front Porch, www.kivafriends.org
United States

Don and Lisa
Coronado, CA
United States

turi
Seattle, WA
United States

Haroon
Fareham, Hampshire
United Kingdom

Umm Muhammed
www.kiva.org/team/kiva_muslims, Utrecht
Netherlands

Kathryn
Granite Bay, CA
United States

Arlene
Washington, DC
United States

Leif
Gothenburg,
Sweden

Aftab
Edison, NJ
United States

Nicole & Hiren
www.kivafriends.org, Ohio
United States

Simon
Sunninghill, Berkshire
United Kingdom

defenestrated
Portland, OR
United States

Karen
Wayne, NJ
United States

Ashfaq
Lombard, IL
United States

Brian
Rapid City, SD
United States

Imad
Malden, MA
United States

neil
panama city, FL
United States

Anonymous
Flushing, NY
United States

Ryan Claxton
San Antonio, TX
United States

Ex-Pat Canadian Family
Karmiel, Galilee
Israel

Muslim Financer
Sunderland, UK, Dubai
United Arab Emirates

Idaho Wild
Meridian, Idaho
United States

prit
Montreal, Quebec
Canada

Greta Galeazzi
GALEAZZI GRETA, EUROPEAN CITIZEN
Italy

Isabelle
San Francisco, CA
United States

eleanor and peter
Ballarat, Victoria
Australia

Thom
Cambridge, Ontario
Canada

Raymond
Eaton Rapids, MI
United States

Maria
Chapel Hill, NC
United States

Anonymous
Palo Alto, CA
United States

Steven
Tumwater, WA
United States

Journal entries for Seema Saleem's Group

Loan has been disbursed Entrepreneur: Seema Saleem's Group Location: Lahore, Pakistan Thank you for your loan. It has been disbursed to the group, consisting of Seema Saleem, Yasmeen Bibi, Asma Saleem, Safia Bibi, Rehana 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 May 12, 2008
Comments (1)

Thanks for a loan Entrepreneur: Seema Saleem's Group Location: Lahore, Pakistan Asasah provides loan to the poor households through women. The women can utilize the loan amount in the business of their family members such as (husband, son, father and other relations). Seema Saleem invested her loan in her husband’s business. He manufactured the thread reels in bulk by buying the plastic beans. As a result his monthly profit goes to 6,000 PKRs. He uses the additional profit in the expansion of his thread reels business. Now they are leading a very happy life and easily manage the household expenses. Seema and all the women are extremely grateful for the opportunities you have provided them.
Posted by Maryam Zafar from Lahore, Pakistan Aug 26, 2009
Comment on this entry

Repayment Schedule for Seema Saleem's Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
August 2008	$112.50	$113.00	Repayment Received
September 2008	$112.50	$113.00	Repayment Received
October 2008	$112.50	$113.00	Repayment Received
November 2008	$112.50	$113.00	Repayment Received
December 2008	$112.50	$113.00	Repayment Received
January 2009	$112.50	$110.00	Repayment Received
February 2009	$112.50	$112.50	Repayment Received
March 2009	$112.50	$112.50	Repayment Received
April 2009	$112.50	$112.50	Repayment Received
May 2009	$112.50	$112.50	Repayment Received
June 2009	$112.50	$112.49	Repayment Received
July 2009	$112.50	$112.51	Repayment Received