Sakina Niamat Masih's Group


Status: Paying Back - Delinquent

$825.00   Loan Amount
58% repaid

About the Group

Group Name: Sakina Niamat Masih's Group
Group Members: Sakina Niamat Masih
Razia Salamat Masih
Parveen Mushtaq Masih
Katherin Tanveer Masih
Location: Lahore, Pakistan
Activity: Clothing Sales

About the Loan

Loan Amount: $825.00
Loan Use: Buy more clothes to resell
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 28, 2008
Date Disbursed: Nov 12, 2008
Date Funded:Oct 29, 2008

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.8000 PKR = 1 USD



Sakina baji is the wife of Niamat Masih and lives in a place named Walton in the city of Lahore, Pakistan. She owns a two-room brick house, where she has lived for 19 years. She is the mother of four children: one son and three daughters. Her eldest daughter is in the tenth standard. The middle daughter is in the eighth standard. Her youngest daughter is in the fifth standard.


Sakina baji’s husband works abroad. For the last 6 years, Sakina baji has had a business selling clothes. She successfully repaid her previous three loans from Asasah. She requests a loan to buy more clothes to resell.


Sakina baji's loan group includes a few more members. Razia baji requests a loan to buy seasonal fruits to resell. Parveen baji requests a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle). Katherin baji requests a loan to buy a sewing machine to sew clothes.



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 Sakina Niamat Masih's Group


Loan has been disbursed
 
Entrepreneur: Sakina Niamat Masih's Group
Location: Lahore, Pakistan

Thank you for your loan. It has been disbursed to the Sakina Niamat Masih group, consisting of Sakina Niamat Masih, Razia Salamat Masih, Parveen Mushtaq Masih, Katherin Tanveer Masih 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 from Lahore, Pakistan
Nov 12, 2008
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Kiva Help Repayment Schedule for Sakina Niamat Masih's Group

  Expected Repayments Actual Repayments Comments
February 2009 $68.75 $68.75 Repayment Received
March 2009 $68.75 $68.75 Repayment Received
April 2009 $68.75 $68.75 Repayment Received
May 2009 $68.75 $68.75 Repayment Received
June 2009 $68.75 $68.75 Repayment Received
July 2009 $68.75 $68.75 Repayment Received
August 2009 $68.75 $68.75 Repayment Received
September 2009 $68.75 $0.00 Delinquent
October 2009 $68.75 $0.00 Delinquent
November 2009 $68.75 $0.00 Delinquent
December 2009 $68.75 Available Dec 1  
January 2010 $68.75 Available Jan 1