Begum M. Yaseen Group
Status: Paying Back - Delinquent
| $800.00 | Loan Amount |
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41% repaid
About the Group
| Group Name: | Begum M. Yaseen Group |
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| Group Members: |
Begum M. Yaseen Salma Ghulam Mustafa Fatima M.Yousaf Sharifan M.Ashiq Yasmeen M.Afzal |
| Location: | Vehari, Pakistan |
| Activity: | Clothing Sales |
About the Loan
| Loan Amount: | $800.00 |
|---|---|
| Loan Use: | To buy clothes for clothes-selling business |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 19, 2009 |
| Date Disbursed: | Jan 27, 2009 |
| Date Funded: | Jan 19, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Asasah, a partner of Save the Children |
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| 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: | 79.3150 PKR = 1 USD |
"My name is Begum and I am a 43-year-old married lady. I have resided in a city named Vehari, Pakistan for the past 50 years. I am married to a man whose name is M. Yaseen and he is involved in a clothes-selling business, having experience of 15 years. I have one daughter who is settled in her own house. I help my husband in his clothes-selling business. He sells clothes in clothing markets and I sell clothes in my community. Mostly people in my community give me orders for clothes to buy. I have successfully repaid my two loans from Asasah (a microfinance institute of Pakistan). Now I am applying again for a loan to buy more clothes to expand our business.
I am a group leader of some more women of my locality. Salma Baji wants a loan to buy clothes for her clothes-selling business. Fatima Baji wants a loan to buy goats for her animal-selling business. Sharifan Baji wants a loan to buy a donkey cart for her loading business. Yasmeen 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 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
I am a group leader of some more women of my locality. Salma Baji wants a loan to buy clothes for her clothes-selling business. Fatima Baji wants a loan to buy goats for her animal-selling business. Sharifan Baji wants a loan to buy a donkey cart for her loading business. Yasmeen 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 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 Begum M. Yaseen Group
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Loan has been disbursed
Location: Vehari, Pakistan
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Posted by
from Vehari, Pakistan
Jan 27, 2009 |
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Comment on this entry
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Repayment Schedule for Begum M. Yaseen Group
Repayment Schedule for Begum M. Yaseen Group
| Expected Repayments | Actual Repayments | Comments | |||
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| April 2009 | $34.78 | $36.51 |  Repayment Received
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| May 2009 | $69.56 | $73.02 | Repayment Received
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| June 2009 | $69.56 | $109.52 | Repayment Received
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| July 2009 | $69.56 | $36.51 | Repayment Received
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| August 2009 | $104.34 | $73.02 |  Delinquent
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| September 2009 | $69.56 | $0.00 | Delinquent
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| October 2009 | $69.56 | $0.00 | Delinquent
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| November 2009 | $69.56 | $0.00 | Delinquent
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| December 2009 | $69.56 | Available Dec 1 | |||
| January 2010 | $69.56 | Available Jan 1 | |||
| February 2010 | $104.40 | Available Feb 1 | |||
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