Shahnaz Kosar M.arshad Group
Status: Paying Back - Delinquent
| $575.00 | Loan Amount |
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About the Group
| Group Name: | Shahnaz Kosar M.arshad Group |
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| Group Members: |
Shahnaz Kosar M. Arshad Naseem begum Farhan ali Razia M.Ramzan Farhat M.Akbar |
| Location: | Vehari, Pakistan |
| Activity: | Retail |
About the Loan
| Loan Amount: | $575.00 |
|---|---|
| Loan Use: | To buy motor oil to sell |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 3, 2009 |
| Date Disbursed: | Mar 10, 2009 |
| Date Funded: | Mar 3, 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: | 79.7500 PKR = 1 USD |
Shahnaz baji is the mother of two kids: one son and one daughter. Both of her kids are getting an education from a school located near their house. She prepares embroidered clothes to pay the school fees of her kids. She is applying for a loan to buy more motor oil to sell.
She is the group leader for some more women from her locality. Naseem begum baji wants a loan to buy a buffalo for her milk-selling business. Razia baji wants a loan to buy scrap for her scrap business. Farhat baji wants a loan to buy a donkey cart for transport.
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 Shahnaz Kosar M.arshad Group
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Loan has been disbursed
Location: Vehari, Pakistan
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Posted by
from Vehari, Pakistan
Mar 10, 2009 |
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Comment on this entry
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Repayment Schedule for Shahnaz Kosar M.arshad Group
Repayment Schedule for Shahnaz Kosar M.arshad Group
| Expected Repayments | Actual Repayments | Comments | |||
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| June 2009 | $50.00 | $62.72 |  Repayment Received
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| July 2009 | $50.00 | $41.82 | Repayment Received
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| August 2009 | $75.00 | $52.27 |  Delinquent
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| September 2009 | $50.00 | $0.00 | Delinquent
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| October 2009 | $50.00 | $0.00 | Delinquent
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| November 2009 | $50.00 | $0.00 | Delinquent
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| December 2009 | $50.00 | Available Dec 1 | |||
| January 2010 | $50.00 | Available Jan 1 | |||
| February 2010 | $75.00 | Available Feb 1 | |||
| March 2010 | $50.00 | Available Mar 1 | |||
| April 2010 | $25.00 | Available Apr 1 | |||
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