Tahira Kanwal M.gulnar Group
Status: Paying Back - Delinquent
| $650.00 | Loan Amount |
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About the Group
| Group Name: | Tahira Kanwal M.gulnar Group |
|---|---|
| Group Members: |
Tahira Kanwal M. Gulnar Akbari Sanaullah Alia M.Anwar Najma Naseem Mahtab Manyari M.Khursheed ali |
| Location: | Mumtazabad, Pakistan |
| Activity: | Goods Distribution |
About the Loan
| Loan Amount: | $650.00 |
|---|---|
| Loan Use: | To buy eggs to re-sell |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 22, 2009 |
| Date Disbursed: | Jan 29, 2009 |
| Date Funded: | Jan 22, 2009 |
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: | 79.9000 PKR = 1 USD |
Tahira baji is a very hard-working lady. She does all the household work and stitches clothes to share the burden of her husband. Her husband regards her highly for her honest and true feelings for him. She is applying for a loan to buy eggs to expand her husband’s egg-selling business.
She is the group leader for some more women from her locality. Akbari baji wants a loan to buy tools to repair electric items. Alia baji wants a loan to buy a sewing machine for sewing clothes. Najma baji wants a loan to buy cosmetics and a hair dryer for her beauty parlor. Manyari baji wants a loan to buy scrap for her scrap business.
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 Tahira Kanwal M.gulnar Group
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Loan has been disbursed
Location: Mumtazabad, Pakistan
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Posted by
from Mumtazabad, Pakistan
Jan 29, 2009 |
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Comment on this entry
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Repayment Schedule for Tahira Kanwal M.gulnar Group
Repayment Schedule for Tahira Kanwal M.gulnar Group
| Expected Repayments | Actual Repayments | Comments | |||
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| April 2009 | $28.26 | $28.26 |  Repayment Received
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| May 2009 | $56.52 | $61.11 | Repayment Received
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| June 2009 | $56.52 | $89.37 | Repayment Received
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| July 2009 | $56.52 | $29.79 | Repayment Received
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| August 2009 | $56.52 | $59.58 | Repayment Received
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| September 2009 | $84.78 | $0.00 |  Delinquent
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| October 2009 | $56.52 | $0.00 | Delinquent
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| November 2009 | $56.52 | $0.00 | Delinquent
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| December 2009 | $56.52 | Available Dec 1 | |||
| January 2010 | $56.52 | Available Jan 1 | |||
| February 2010 | $84.80 | Available Feb 1 | |||
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