Sugran Mahboob Ahmad's Group
Status: Paying Back - Delinquent
| $1,325.00 | Loan Amount |
|---|
About the Group
| Group Name: | Sugran Mahboob Ahmad's Group |
|---|---|
| Group Members: |
Mukhtaran Saleem Nazia M.amanat Shamshad M.irshad Anwari Abdul Rahmad Sugran Mahboob Ahmad |
| Location: | Chichawatni, Pakistan |
| Activity: | Electrical Goods |
About the Loan
| Loan Amount: | $1,325.00 |
|---|---|
| Loan Use: | To buy electrical goods |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Sep 1, 2008 |
| Date Disbursed: | Sep 16, 2008 |
| Date Funded: | Sep 2, 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: | 74.2100 PKR = 1 USD |
Sugran baji is joined in her loan group by four other members. Anwari baji wants a loan to buy more fruits to resell. Shamshad baji wants a loan to buy food material (cooking oil, rice and wheat) for her food business. Nazia baji wants a loan to buy groceries for her grocery shop. Mukhtaran baji wants a loan to buy shoes for her shoe selling business.
This is a group loan. The loan funds will be distributed among the group 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 Sugran Mahboob Ahmad's Group
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Loan has been disbursed
Location: Chichawatni, Pakistan
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Posted by
Maryam Zafar from Chichawatni, Pakistan
Sep 7, 2008 |
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Comment on this entry
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Repayment Schedule for Sugran Mahboob Ahmad's Group
Repayment Schedule for Sugran Mahboob Ahmad's Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2008 | $110.42 | $111.00 |  Repayment Received
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| January 2009 | $110.42 | $109.83 | Repayment Received
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| February 2009 | $110.42 | $110.42 | Repayment Received
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| March 2009 | $110.42 | $110.42 | Repayment Received
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| April 2009 | $110.42 | $110.42 | Repayment Received
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| May 2009 | $110.42 | $110.42 | Repayment Received
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| June 2009 | $110.42 | $110.41 | Repayment Received
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| July 2009 | $110.42 | $110.42 | Repayment Received
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| August 2009 | $110.42 | $110.42 | Repayment Received
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| September 2009 | $110.42 | $0.00 |  Delinquent
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| October 2009 | $110.42 | $0.00 | Delinquent
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| November 2009 | $110.38 | $0.00 | Delinquent
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