Sadia Shokat's Group


Status: Paid Back

$875.00   Loan Request
$875.00   Paid Back

About the Group

Group Name: Sadia Shokat's Group
Group Members: Aqsa Bibi
Jameela Bibi
Shazia Bota
Sadia Shokat
Location: Faisalabad, Pakistan
Activity: Bakery

About the Loan

Loan Amount: $875.00
Loan Use: Improve our bakery
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 29, 2008
Date Disbursed: May 16, 2008
Date Funded:May 2, 2008
Loan Ended:Jun 15, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:63.4100 PKR = 1 USD



I have lived all my life in Faisalabad, an industrial city in Pakistan. I am married and a mother of four kids: two girls and two boys. All my kids attend school except the youngest who is still too young to attend school. My husband runs a bakery to make a living whereas I sew sequins on shawls on order.

I have been joined in my loan group by several other women who need a small loan for their families' businesses: Shazia Bota requires a loan for her brother who runs a furniture store. Jameela Bibi needs to buy a donkey cart. Aqsa Bibi will buy a motorbike with her share of our loan.



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

Tom
Atlanta, GA
United States

Mr. L
jacksonville, OR
United States

Tim
Mountain View, CA
United States

Marilyn and Lane
San Diego, CA
United States

Holly
calgary, Alberta
Canada

Chris
San Francisco, CA
United States

Richard
Pocatello, Idaho
United States

rizwan
dayton, OH
United States

Len & Pat
spring lake park, MN
United States

Brian & Laura
Atlanta, GA
United States

jiveen
manchester, Lancashire
United Kingdom

Marco
Milano, MI
Italy

Linda
Jamestown, PA
United States

Nathan
Minneapolis, MN
United States

Anonymous
norfolk, VA
United States

Sstoz
San Jose, CA
United States

Will and Edna
In Loving Memory, KivaFriends.org
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Erika
New York, NY
United States

Hazel
Seattle, WA
United States

Andrew
Toronto, Ontario
Canada

deb & babo
wilmington, NC
United States

Michael
New York, NY
United States

Lara
St. Louis, MO
United States

Krishna
Cedar City, UT
United States

Carol
Grand Junction, CO
United States

Jevon
Huntington Beach, CA
United States

Mimi
San Mateo, CA
United States

Anonymous
Cambria, CA
United States

Kay
Seattle, WA
United States



Journal entries for Sadia Shokat's Group


Loan has been disbursed
 
Entrepreneur: Sadia Shokat's Group
Location: Faisalabad, Pakistan

Thank you for your loan. It has been disbursed to the group, consisting of Sadia Shokat, Shazia Bota, Jameela Bibi, Aqsa 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 Faisalabad, Pakistan
May 17, 2008
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Kiva Help Repayment Schedule for Sadia Shokat's Group

  Expected Repayments Actual Repayments Comments
August 2008 $72.92 $73.00 Repayment Received
September 2008 $72.92 $73.00 Repayment Received
October 2008 $72.92 $73.00 Repayment Received
November 2008 $72.92 $73.00 Repayment Received
December 2008 $72.92 $73.00 Repayment Received
January 2009 $72.92 $72.50 Repayment Received
February 2009 $72.92 $72.92 Repayment Received
March 2009 $72.92 $72.92 Repayment Received
April 2009 $72.92 $72.92 Repayment Received
May 2009 $72.92 $72.92 Repayment Received
June 2009 $72.92 $72.91 Repayment Received
July 2009 $72.88 $72.91 Repayment Received