Rani M.hanif's Group
Status: Paying Back - Delinquent
| $1,275.00 | Loan Amount |
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About the Group
| Group Name: | Rani M.hanif's Group |
|---|---|
| Group Members: |
Shamim Ali Muhammad Nazmin Azmat Ali Rashidan Abdul Shakoor Maqsoodan Liaquat Ai Abida Barkat Ali Rani M.hanif |
| Location: | Kot Radha Kishan, Pakistan |
| Activity: | Retail |
About the Loan
| Loan Amount: | $1,275.00 |
|---|---|
| Loan Use: | To expand their businesses |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 28, 2008 |
| Date Disbursed: | Sep 8, 2008 |
| Date Funded: | Aug 25, 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: | 71.6000 PKR = 1 USD |
She is making this application with four other people. Abida baji wants a loan to buy a sewing machine. Maqsoodan baji wants a loan to buy more material for her carpet-making business. Rashidan baji wants a loan to buy a buffalo so she can sell its milk. Nazmin baji wants a loan to buy additional inventory for her grocery shop. Shamim baji wants a loan for her small milk-selling business.
This is a group loan. Funds will be distributed among the members, each of whom will invest in her 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 Rani M.hanif's Group
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Loan has been disbursed
Location: Kot Radha Kishan, Pakistan
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Posted by
Maryam Zafar from Kot Radha Kishan, Pakistan
Sep 7, 2008 |
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Comment on this entry
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Repayment Schedule for Rani M.hanif's Group
Repayment Schedule for Rani M.hanif's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2008 | $106.25 | $107.00 |  Repayment Received
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| January 2009 | $106.25 | $105.50 | Repayment Received
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| February 2009 | $106.25 | $106.25 | Repayment Received
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| March 2009 | $106.25 | $106.25 | Repayment Received
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| April 2009 | $106.25 | $106.25 | Repayment Received
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| May 2009 | $106.25 | $106.25 | Repayment Received
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| June 2009 | $106.25 | $106.25 | Repayment Received
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| July 2009 | $106.25 | $106.25 | Repayment Received
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| August 2009 | $106.25 | $106.25 | Repayment Received
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| September 2009 | $106.25 | $0.00 |  Delinquent
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| October 2009 | $106.25 | $0.00 | Delinquent
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| November 2009 | $106.25 | $0.00 | Delinquent
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