Anwar Sultana M. Suleman Group


Status: Paying Back - Delinquent

$1,075.00   Loan Amount
41% repaid

About the Group

Group Name: Anwar Sultana M. Suleman Group
Group Members: Anwar sultana M. Suleman
Suraiya M.Aslam
Khalida saleem M.Aslam
Sakina Rahmat Ali
Razia M.Ashraf
Location: Vehari, Pakistan
Activity: Rickshaw

About the Loan

Loan Amount: $1,075.00
Loan Use: To buy an auto-rickshaw (a local three-wheeled motor vehicle)
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 20, 2009
Date Disbursed: Jan 28, 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



Anwar sultana baji is 48 years old and married. She owns a two room brick house in the city of Vehari, Pakistan where she has lived with her family for the past 35 years. She got married after completing her education until 10th standard. Her husband's name is M. Suleman. He is a tailor by profession and has been running a tailoring center in the market for the past three years.


Anwar sultana baji is the mother of three children: one son and two daughters. Her son is a driver and drives a rented auto-rickshaw (a local three-wheeled motor vehicle). Her daughters are getting an education from a school near their house.


Anwar baji is a seamstress and sews clothes, taking orders from neighbors. She charges $2 per dress. She invests her income in a committee, and is planning to buy an electric sewing machine from the committee funds.


She is applying for a loan to buy an auto-rickshaw for her son, so that he is able to keep all the money he earns.


Anwar sultana baji is a group leader of some women in her locality. Suraiya baji, Khalida saleem baji, Sakina baji, and Razia baji each want a loan to buy an auto-rickshaw.


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 Anwar Sultana M. Suleman Group


Loan has been disbursed
 
Entrepreneur: Anwar Sultana M. Suleman Group
Location: Vehari, Pakistan

Thank you for your loan. It has been disbursed to the Anwar sultana M. Suleman group, consisting of Anwar sultana M. Suleman , Suraiya M.Aslam, Khalida saleem M.Aslam, Sakina Rahmat Ali, Razia M.Ashraf 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 Vehari, Pakistan
Jan 28, 2009
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Kiva Help Repayment Schedule for Anwar Sultana M. Suleman Group

  Expected Repayments Actual Repayments Comments
April 2009 $46.74 $49.06 Repayment Received
May 2009 $93.48 $98.12 Repayment Received
June 2009 $93.48 $147.17 Repayment Received
July 2009 $93.48 $49.06 Repayment Received
August 2009 $93.48 $98.12 Repayment Received
September 2009 $140.22 $0.00 Delinquent
October 2009 $93.48 $0.00 Delinquent
November 2009 $93.48 $0.00 Delinquent
December 2009 $93.48 Available Dec 1  
January 2010 $93.48 Available Jan 1  
February 2010 $140.20 Available Feb 1