Syeda Raheela Syed Aftab Ahmad Shah Group
Status: Paying Back - Delinquent
| $1,050.00 | Loan Amount |
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65% repaid
About the Group
| Group Name: | Syeda Raheela Syed Aftab Ahmad Shah Group |
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| Group Members: |
Syeda Raheela Syed Aftab Ahmad Shah Syeda Rashida Syed Zaman Hussain Shah Uzma M.Latif Sakina Shah Muhammad Shaheen M.Ashraf Nawab bibi Syed Irshad Hussain Anjum |
| Location: | Pakpattan, Pakistan |
| Activity: | Fruits & Vegetables |
About the Loan
| Loan Amount: | $1,050.00 |
|---|---|
| Loan Use: | To buy vegetables wholesale for reselling |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 22, 2008 |
| Date Disbursed: | Nov 26, 2008 |
| Date Funded: | Dec 7, 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: | 80.8100 PKR = 1 USD |
Syeda Raheela baji is a wife of Syed Aftab Ahmad Shah and lives Pakpattan, Pakistan. She has been living in this city for the past 35 years. Raheela baji is the mother of two sons. Her elder son has a vegetable-selling business. Her younger son is in 8th standard. Raheela baji’s husband also has a vegetable-selling business. He buys vegetables from wholesalers and sells them to different shops. Raheela baji helps him pack the vegetables for sale. She successfully repaid her first loan from Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to buy more vegetables for her husband.
She is joined in her loan group by a few more members. Syeda Rashida baji requests a loan to buy materials (lentils, cooking oil and spices) for her food business. Uzma baji requests a loan to buy spices to resell. Sakina baji requests a loan to buy vegetables to resell. Shaheen baji and Nawab baji each request a loan to buy seasonal fruits to resell.
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
She is joined in her loan group by a few more members. Syeda Rashida baji requests a loan to buy materials (lentils, cooking oil and spices) for her food business. Uzma baji requests a loan to buy spices to resell. Sakina baji requests a loan to buy vegetables to resell. Shaheen baji and Nawab baji each request a loan to buy seasonal fruits to resell.
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 Syeda Raheela Syed Aftab Ahmad Shah Group
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Loan has been disbursed
Location: Pakpattan, Pakistan
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Posted by
from Pakpattan, Pakistan
Dec 8, 2008 |
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Comment on this entry
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Repayment Schedule for Syeda Raheela Syed Aftab Ahmad Shah Group
Repayment Schedule for Syeda Raheela Syed Aftab Ahmad Shah Group
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2009 | $45.65 | $52.72 |  Repayment Received
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| March 2009 | $91.30 | $105.42 | Repayment Received
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| April 2009 | $91.30 | $105.42 | Repayment Received
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| May 2009 | $91.30 | $105.42 | Repayment Received
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| June 2009 | $136.95 | $200.30 | Repayment Received
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| July 2009 | $91.30 | $10.54 | Repayment Received
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| August 2009 | $91.30 | $105.42 | Repayment Received
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| September 2009 | $91.30 | $0.00 |  Delinquent
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| October 2009 | $91.30 | $0.00 | Delinquent
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| November 2009 | $136.95 | $0.00 | Delinquent
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| December 2009 | $91.35 | Available Dec 1 | |||
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