Shamim Noor Muhammad's Group
Status: Paid Back
| $1,375.00 | Loan Request | |
|---|---|---|
| $1,375.00 | Paid Back |
About the Group
| Group Name: | Shamim Noor Muhammad's Group |
|---|---|
| Group Members: |
Kosar - Sharifan - Amna - Gulzaran - Shamim Noor Muhammad |
| Location: | Arifwala, Pakistan |
| Activity: | Services |
About the Loan
| Loan Amount: | $1,375.00 |
|---|---|
| Loan Use: | To expand their businesses |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jun 10, 2008 |
| Date Disbursed: | Jun 29, 2008 |
| Date Funded: | Jun 15, 2008 |
| Loan Ended: | Jul 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: | 66.2500 PKR = 1 USD |
She has been joined in her group by a few more members who are: Gulzaran baji (Baji is a term meaning "elder sister" in Urdu) wants a loan for her fruit business; Amna baji wants a loan for her fruit business; Sharifan baji wants a loan for her wood business; and Kosar baji wants a loan to buy electronic items for her husband’s electric shop.
This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in their own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.
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 Shamim Noor Muhammad's Group
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Loan has been disbursed
Location: Arifwala, Pakistan
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Posted by
from Arifwala, Pakistan
Jun 29, 2008 |
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Comment on this entry
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Repayment Schedule for Shamim Noor Muhammad's Group
Repayment Schedule for Shamim Noor Muhammad's Group
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2008 | $114.58 | $115.00 |  Repayment Received
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| October 2008 | $114.58 | $115.00 | Repayment Received
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| November 2008 | $114.58 | $115.00 | Repayment Received
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| December 2008 | $114.58 | $114.00 | Repayment Received
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| January 2009 | $114.58 | $113.92 | Repayment Received
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| February 2009 | $114.58 | $114.58 | Repayment Received
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| March 2009 | $114.58 | $114.58 | Repayment Received
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| April 2009 | $114.58 | $114.58 | Repayment Received
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| May 2009 | $114.58 | $114.58 | Repayment Received
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| June 2009 | $114.58 | $114.58 | Repayment Received
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| July 2009 | $114.58 | $114.58 | Repayment Received
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| August 2009 | $114.62 | $114.60 | Repayment Received
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