Noreen M. Yousaf's Group
Status: Paying Back - Delinquent
| $625.00 | Loan Amount |
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About the Group
| Group Name: | Noreen M. Yousaf's Group |
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| Group Members: |
Fozia M. Ramzan Shakeela Abdul Sattar Abida Ghulam Abas Noreen M. Yousaf |
| Location: | Vehari, Pakistan |
| Activity: | Farming |
About the Loan
| Loan Amount: | $625.00 |
|---|---|
| Loan Use: | To expand their businesses |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 21, 2008 |
| Date Disbursed: | Aug 4, 2008 |
| Date Funded: | Jul 21, 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 |
She has been joined in her loan by a few group members. Abida baji who wants loan to buy an ice-Cream maker. Shekeela baji wants a loan for her welding business. Fozia baji wants a loan for her garment business.
This is a group loan. The loan funds 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.
NOTE: "Baji" (elder sister) is an Urdu term of respect for women.
>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 Noreen M. Yousaf's Group
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Loan has been disbursed
Location: Vehari, Pakistan
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Posted by
from Vehari, Pakistan
Aug 4, 2008 |
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Comment on this entry
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Repayment Schedule for Noreen M. Yousaf's Group
Repayment Schedule for Noreen M. Yousaf's Group
| Expected Repayments | Actual Repayments | Comments | |||
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| November 2008 | $52.08 | $53.00 |  Repayment Received
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| December 2008 | $52.08 | $53.00 | Repayment Received
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| January 2009 | $52.08 | $50.25 | Repayment Received
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| February 2009 | $52.08 | $52.08 | Repayment Received
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| March 2009 | $52.08 | $52.08 | Repayment Received
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| April 2009 | $52.08 | $52.08 | Repayment Received
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| May 2009 | $52.08 | $52.08 | Repayment Received
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| June 2009 | $52.08 | $52.08 | Repayment Received
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| July 2009 | $52.08 | $52.08 | Repayment Received
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| August 2009 | $52.08 | $52.08 | Repayment Received
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| September 2009 | $52.08 | $0.00 |  Delinquent
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| October 2009 | $52.12 | $0.00 | Delinquent
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