Shamim M.tufail


Status: Paying Back - Delinquent

$375.00   Loan Amount
75% repaid

About the Entrepreneur

Name: Shamim M.tufail
Location: Raiwind, Pakistan
Activity: Music Discs & Tapes

About the Loan

Loan Amount: $375.00
Loan Use: To expand and improve her son's CD-selling business by purchasing additional CDs
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 29, 2008
Date Disbursed: Sep 12, 2008
Date Funded:Aug 29, 2008

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:73.4100 PKR = 1 USD



Shamim Akhtar baji is the widow of M.Tufail, and she lives in the small city of Riwind, Pakistan. She owns a two-room, brick house, which she and her family have lived in for the last 24 years. She is the mother of seven children: six sons and one daughter. Her oldest son has a compact disc (CD) shop, and he has 6 years of experience in the business; her next three oldest sons work as tailors; and her other sons and daughter are enrolled in a local school in her neighborhood.


To generate income for her family, Shamim baji makes school bags and sells them in various areas. Moreover, she does work around her house and takes care of her children. Notably, she successfully repaid three previous loans from Asasah (a microfinance institute in Pakistan). Now, she is applying for another loan in order to buy more CDs to expand her son’s business.


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Lenders to this entrepreneur

Steven
Tumwater, WA
United States

Chris & Rhea
Kingscliff, New South Wales
Australia

Diana
Los Angeles, CA
United States

Skylar
San Francisco, CA
United States



Journal entries for Shamim M.tufail


Loan has been disbursed
 
Entrepreneur: Shamim M.tufail
Location: Raiwind, Pakistan

Thank you for your loan. It has been disbursed to Shamim M.tufail by Asasah, a partner of Save the Children in Pakistan. We are excited to watch this business grow. Over the next 12 months, Asasah, a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Maryam Zafar from Raiwind, Pakistan
Sep 7, 2008
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Kiva Help Repayment Schedule for Shamim M.tufail

  Expected Repayments Actual Repayments Comments
December 2008 $31.25 $32.00 Repayment Received
January 2009 $31.25 $30.50 Repayment Received
February 2009 $31.25 $31.25 Repayment Received
March 2009 $31.25 $31.25 Repayment Received
April 2009 $31.25 $31.25 Repayment Received
May 2009 $31.25 $31.25 Repayment Received
June 2009 $31.25 $31.25 Repayment Received
July 2009 $31.25 $31.25 Repayment Received
August 2009 $31.25 $31.25 Repayment Received
September 2009 $31.25 $0.00 Delinquent
October 2009 $31.25 $0.00 Delinquent
November 2009 $31.25 $0.00 Delinquent