Parveen M. Shafee's Group
Status: Paying Back - Delinquent
| $1,075.00 | Loan Amount |
|---|
About the Group
| Group Name: | Parveen M. Shafee's Group |
|---|---|
| Group Members: |
Fatima Sajid Aftab Sardaran Abas Raza Jamila Shahida Iqbal Samina M.iqbal Parveen M. Shafee |
| Location: | Arifwala, Pakistan |
| Activity: | Bakery |
About the Loan
| Loan Amount: | $1,075.00 |
|---|---|
| Loan Use: | To expand a bread-making business |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 10, 2008 |
| Date Disbursed: | Jul 25, 2008 |
| Date Funded: | Jul 11, 2008 |
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: | 66.5100 PKR = 1 USD |
Parveen has a stove which she uses to bake bread. She has been in this profession for the last nine years. She is requesting a loan to expand her bread-making business.
There are four other women in her loan group. Samina baji wants to buy a sewing machine; Jamila baji wants to expand her food business; Sardaran baji wants to expand her vegetable business and Fatima baji wants to expand her poultry farm.
The loan will be distributed among the group members, each of whom will invest in her 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 Parveen M. Shafee's Group
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Loan has been disbursed
Location: Arifwala, Pakistan
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Posted by
from Arifwala, Pakistan
Jul 25, 2008 |
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Comment on this entry
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Repayment Schedule for Parveen M. Shafee's Group
Repayment Schedule for Parveen M. Shafee's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2008 | $89.58 | $90.00 |  Repayment Received
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| November 2008 | $89.58 | $90.00 | Repayment Received
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| December 2008 | $89.58 | $89.00 | Repayment Received
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| January 2009 | $89.58 | $89.33 | Repayment Received
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| February 2009 | $89.58 | $89.58 | Repayment Received
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| March 2009 | $89.58 | $89.58 | Repayment Received
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| April 2009 | $89.58 | $89.58 | Repayment Received
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| May 2009 | $89.58 | $89.58 | Repayment Received
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| June 2009 | $89.58 | $89.58 | Repayment Received
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| July 2009 | $89.58 | $89.58 | Repayment Received
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| August 2009 | $89.58 | $89.58 | Repayment Received
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| September 2009 | $89.62 | $0.00 |  Delinquent
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