Parveen Siddique Masih Group


Status: Paying Back - Delinquent

$1,300.00   Loan Amount
22% repaid

About the Group

Group Name: Parveen Siddique Masih Group
Group Members: Parveen Siddique Masih
Adfarina Munawar javed
Mussarat zareen Ch.Fazal hussain
Alvina Niamat masih
Rani Michael masih
Shamim Faryad masih
Location: Mughalpura, Pakistan
Activity: Embroidery

About the Loan

Loan Amount: $1,300.00
Loan Use: To buy materials for boutique.
Repayment Term: 13 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Mar 17, 2009
Date Disbursed: Mar 18, 2009
Date Funded:Mar 18, 2009

About the Country

Country:Pakistan
Avg Annual Income:$3,004.00
Currency:Pakistan Rupees (PKR)
Exchange Rate:80.2000 PKR = 1 USD



Parveen baji is a 45 year old married lady who has lived in Lahore, Pakistan for the past 28 years. She is an uneducated lady because her parents couldn’t bear her education expenses. Parveen baji married Siddique Masih, who is a driver by profession and drives an auto-rickshaw (a local three-wheeled motor vehicle). Parveen baji is the mother of one son whose name is Riaz masih and he runs a boutique. Parveen baji helps her son in his boutique by preparing embroidered dresses which her son displays in his boutique. Parveen baji did not learn this art from anyone, but believes it was a gift from God. Her son feels proud to be her son. She successfully repaid her first loan from Asasah (a microfinance institute of Pakistan). Now she is applying again for a loan to buy materials (clothes, colored thread and sketches) for her son’s boutique.

Parveen baji is the group leader of five other women from her locality. Adfarina baji wants a loan to buy cricket products (bat & ball) to sell. Mussarat zareen baji and Alvina baji each want a loan to buy clothes to sell. Rani baji wants a loan to buy leather for her shoe making business. Shamim baji wants a loan to buy vehicle spare parts to sell.

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

Subscribe

Lenders to this group

Jens Damsgaard Vånar
Oslo,
Norway

elizabeth
Toronto, Ontario
Canada

Shoba
San Francisco, CA
United States

Guillaume Castevert
Bordeaux,
France

Chris
Keller, TX
United States

Omar
Aliso Viejo, CA
United States

Susan
Sechelt, B.C.
Canada

Jan
Berlin,
Germany

serafino
bellante, Teramo
Italy

Dave and Andrea
Toronto, Ontario
Canada

Kimberly
Madison, WI
United States

Mike & Bridgit
Westminster, MA
United States

Changez
Singapore,
Singapore

Vanya and Christina
Rockport, MA
United States

Bairbre
Allentown, PA
United States

Christa and Mari
Gilbert, AZ
United States

neddotcom
worldwide, OR
United States

shannon
Lafayette, CA
United States

Mel & Paul

United States

jessica
cave creek, AZ
United States

Janice
Toronto, Ontario
Canada

Anonymous
Everett, WA
United States

Lisa T (for the 32)
Fairfax, VA
United States

Lasse
Esbjerg, Esbjerg
Denmark

Nicole & Hiren
www.kivafriends.org, Ohio
United States

Greg
Hobart, Tasmania
Australia

Dcengr
Santa Barbara, CA
United States

Susan
Circleville, OH
United States

Barrie Medical Clinic
Barrie, Ontario
Canada

James
Middletown, OH
United States

Mark
Clarksville, TN
United States

Brian
Fairbanks, AK
United States

Ann & Grant
Pt Noarlunga Sth, SA
Australia

Anonymous
Blackburn South, Victoria
Australia

Richard
Washington, DC
United States

Maureen & Barry
Bath, Maine
United States

Stephanie
Houston, TX
United States

Susan
Delhi, NY
United States

Kaisa
Helsinki,
Finland

Norah
Victoria, B.C., British Columbia
Canada

Charlie
Paris, IL
United States

Cynthia and Jeff
Puyallup, WA
United States

David
San Francisco, CA
United States

Anonymous
Yorktown, VA
United States



Top Lending Teams for this group


India
Common Interest
766 Members

Team CANADA
Local Area
630 Members

Denmark
Local Area
208 Members

Zopiani4Kiva
Common Interest
19 Members

Esperanto
Common Interest
9 Members

Journal entries for Parveen Siddique Masih Group


Loan has been disbursed
 
Entrepreneur: Parveen Siddique Masih Group
Location: Mughalpura, Pakistan

Thank you for your loan. It has been disbursed to Parveen Siddique Masih Group, consisting of Parveen Siddique Masih , Adfarina Munawar javed, Mussarat zareen Ch.Fazal hussain, Alvina Niamat masih, Rani Michael masih, Shamim Faryad masih by Asasah, a partner of Save the Children in Pakistan. We are excited to watch this business grow. Over the 10 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 Mughalpura, Pakistan
Mar 19, 2009
Comment on this entry

Kiva Help Repayment Schedule for Parveen Siddique Masih Group

  Expected Repayments Actual Repayments Comments
June 2009 $113.04 $71.25 Repayment Received
July 2009 $113.04 $106.88 Repayment Received
August 2009 $113.04 $118.75 Delinquent
September 2009 $113.04 $0.00 Delinquent
October 2009 $113.04 $0.00 Delinquent
November 2009 $169.56 $0.00 Delinquent
December 2009 $113.04 Available Dec 1  
January 2010 $113.04 Available Jan 1  
February 2010 $113.04 Available Feb 1  
March 2010 $113.04 Available Mar 1  
April 2010 $113.08 Available Apr 1