Khalida M.imran Group


Status: Paying Back - Delinquent

$725.00   Loan Amount
36% repaid

About the Group

Group Name: Khalida M.imran Group
Group Members: Khalida M.Imran
Shamim Mushtaq ahmad
Najma Qamr-ud-din
Zahida M.Tahir
Parveen Barkat ali
Location: Shah Rukn, Pakistan
Activity: Services

About the Loan

Loan Amount: $725.00
Loan Use: To buy scrap for scrap business
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 17, 2009
Date Disbursed: Feb 17, 2009
Date Funded:Feb 17, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:79.7100 PKR = 1 USD



Khalida imran baji is 21 years old and married. She has resided in the city of Multan, Pakistan for the past 3 years. Her husband, M.Imran, has had a scrap business for the past 10 years. Khalida baji helps her husband by doing embroidery on dresses. She is applying for a loan to buy more scrap for his scrap business.


She is a group leader of some more women of her locality. Shamim baji and Najma baji each want a loan to buy scrap for their scrap businesses. Zahida baji wants a loan to buy embroidery material (beads, colored thread and sketches) for her decorative embroidery business. Parveen baji wants a loan to buy cold drinks for her cold drink corner.


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 Khalida M.imran Group


Loan has been disbursed
 
Entrepreneur: Khalida M.imran Group
Location: Shah Rukn, Pakistan

Thank you for your loan. It has been disbursed to the Khalida M.Imran group, consisting of Khalida M.Imran , Shamim Mushtaq ahmad, Najma Qamr-ud-din, Zahida M.Tahir, Parveen Barkat ali 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 Shah Rukn, Pakistan
Feb 18, 2009
Comments (2)

Kiva Help Repayment Schedule for Khalida M.imran Group

  Expected Repayments Actual Repayments Comments
May 2009 $63.04 $65.72 Repayment Received
June 2009 $63.04 $92.00 Repayment Received
July 2009 $63.04 $39.43 Repayment Received
August 2009 $63.04 $65.72 Repayment Received
September 2009 $63.04 $0.00 Delinquent
October 2009 $63.04 $0.00 Delinquent
November 2009 $94.56 $0.00 Delinquent
December 2009 $63.04 Available Dec 1  
January 2010 $63.04 Available Jan 1  
February 2010 $63.04 Available Feb 1  
March 2010 $63.08 Available Mar 1