Anwar M.ashraf Group
Status: Paying Back - Delinquent
| $1,000.00 | Loan Amount |
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22% repaid
About the Group
| Group Name: | Anwar M.ashraf Group |
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| Group Members: |
Anwar M.Ashraf Hajra M.Rasheed Kalsoom M.Saleem Nagina M.Saleem |
| Location: | Kot Radha Kishan, Pakistan |
| Activity: | Animal Sales |
About the Loan
| Loan Amount: | $1,000.00 |
|---|---|
| Loan Use: | Buy buffalos for animal selling business. |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 25, 2009 |
| Date Disbursed: | Mar 27, 2009 |
| Date Funded: | Mar 26, 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: | 80.2500 PKR = 1 USD |
Anwar is a 39 years old married lady and a citizen of a city named Kot Radha Kishan, Pakistan, for the past 26 years. Her husband's name is M.Ashraf and he deals with animals. He sells buffalos to people who order them.
Anwar is the mother of four sons. Her elder son drives a donkey cart. The other two have a burger point in the food market. Her youngest son is in kindergarten.
Anwar operates a sewing clothes business. She takes orders from her neighbors and relatives and charges them $2 for simple stitching and $3 for designer clothes. Anwar saves her income and wants to marry off her eldest son with the committee amount.
She successfully repaid her four loans from Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to buy animals (buffalos) for her husband’s animal selling business.
Anwar is the group leader of three another women from her locality. Hajra wants a loan to buy scrap for her business. Kalsoom wants a loan to buy groceries for her shop. Nagina wants a loan to buy clothes for her 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
Anwar is the mother of four sons. Her elder son drives a donkey cart. The other two have a burger point in the food market. Her youngest son is in kindergarten.
Anwar operates a sewing clothes business. She takes orders from her neighbors and relatives and charges them $2 for simple stitching and $3 for designer clothes. Anwar saves her income and wants to marry off her eldest son with the committee amount.
She successfully repaid her four loans from Asasah (a microfinance institute of Pakistan). Now she is applying for a loan to buy animals (buffalos) for her husband’s animal selling business.
Anwar is the group leader of three another women from her locality. Hajra wants a loan to buy scrap for her business. Kalsoom wants a loan to buy groceries for her shop. Nagina wants a loan to buy clothes for her 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 Anwar M.ashraf Group
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Loan has been disbursed
Location: Kot Radha Kishan, Pakistan
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Posted by
from Kot Radha Kishan, Pakistan
Mar 27, 2009 |
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Comment on this entry
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Repayment Schedule for Anwar M.ashraf Group
Repayment Schedule for Anwar M.ashraf Group
| Expected Repayments | Actual Repayments | Comments | |||
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| June 2009 | $43.48 | $55.00 |  Repayment Received
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| July 2009 | $86.96 | $82.50 | Repayment Received
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| August 2009 | $86.96 | $91.67 | Repayment Received
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| September 2009 | $130.44 | $0.00 |  Delinquent
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| October 2009 | $86.96 | $0.00 | Delinquent
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| November 2009 | $86.96 | $0.00 | Delinquent
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| December 2009 | $86.96 | Available Dec 1 | |||
| January 2010 | $86.96 | Available Jan 1 | |||
| February 2010 | $86.96 | Available Feb 1 | |||
| March 2010 | $130.44 | Available Mar 1 | |||
| April 2010 | $86.92 | Available Apr 1 | |||
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