Azra Ibrar Hussain Group


Status: Paying Back - Delinquent

$900.00   Loan Amount
36% repaid

About the Group

Group Name: Azra Ibrar Hussain Group
Group Members: Azra Ibrar Hussain
Nasreen akhtar M.Sabir
Sharifan Liaqat Ali
Zaitoon M.Hanif
Location: Borewala, Pakistan
Activity: Services

About the Loan

Loan Amount: $900.00
Loan Use: To buy repair tools to repair electrical items
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 20, 2009
Date Disbursed: Feb 4, 2009
Date Funded:Jan 20, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:79.3150 PKR = 1 USD



My name is Azra. I am 49 years old and married. I live in a city named Borewala, Pakistan. I own a two room brick house in the city where I have lived for the past 25 years. My husband's name is Ibrar Hussain. He is a driver by profession. He drives an auto-rickshaw (a local three-wheeled motor vehicle) and has 15 years of experience. I am a mother of six children: three sons and three daughters. My eldest son is an electrician. My middle son works in an office. My youngest son reads in 2nd standard. My eldest daughter reads in 3rd standard. My middle daughter reads in 2nd standard. My youngest daughter reads in kindergarten.


It’s my wish to give my children a good education, because I truly believe that education is the key to success. If a person takes advantage of education they can achieve their goals. To achieve my wish, I earn money with the skill of sewing clothes. I get orders from my relatives and my neighbors. I have used the income to pay the school expenses for my children.


I am applying for a loan to buy repair tools for my eldest son, so that he is able to repair electrical items easily.


I am a group leader of some women in my locality. Nasreen akhtar baji wants a loan to buy wood to resell. Sharifan baji wants a loan to buy cosmetics to resell. Zaitoon baji wants a loan to buy groceries for her grocery shop.


This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in their own business. The members mutually guarantee each other'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 Azra Ibrar Hussain Group


Loan has been disbursed
 
Entrepreneur: Azra Ibrar Hussain Group
Location: Borewala, Pakistan

Thank you for your loan. It has been disbursed to the Azra Ibrar Hussain group, consisting of Azra Ibrar Hussain , Nasreen akhtar M.Sabir, Sharifan Liaqat Ali, Zaitoon M.Hanif by Asasah, a partner of Save the Children in Pakistan. We are excited to watch this business grow. Over the 11 months of this loan, 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 Borewala, Pakistan
Feb 4, 2009
Comment on this entry

Kiva Help Repayment Schedule for Azra Ibrar Hussain Group

  Expected Repayments Actual Repayments Comments
May 2009 $78.26 $82.50 Repayment Received
June 2009 $117.39 $115.49 Repayment Received
July 2009 $78.26 $49.50 Repayment Received
August 2009 $78.26 $82.50 Delinquent
September 2009 $78.26 $0.00 Delinquent
October 2009 $78.26 $0.00 Delinquent
November 2009 $117.39 $0.00 Delinquent
December 2009 $78.26 Available Dec 1  
January 2010 $78.26 Available Jan 1  
February 2010 $78.26 Available Feb 1  
March 2010 $39.14 Available Mar 1