Kosar M. Nawaz Group
Status: Paying Back - Delinquent
| $525.00 | Loan Amount |
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18% repaid
About the Group
| Group Name: | Kosar M. Nawaz Group |
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| Group Members: |
Kosar M. Nawaz Jandodi Ghulab ali Manzooran M.Nawaz |
| Location: | Vehari, Pakistan |
| Activity: | Rickshaw |
About the Loan
| Loan Amount: | $525.00 |
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| Loan Use: | To buy an auto-rickshaw (a local three-wheeled motor vehicle) |
| Repayment Term: | 13 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Mar 28, 2009 |
| Date Disbursed: | Apr 8, 2009 |
| Date Funded: | Mar 28, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Asasah, a partner of Save the Children |
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| 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 |
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| Avg Annual Income: | $3,004.00 |
| Currency: | Pakistan Rupees (PKR) |
| Exchange Rate: | 80.4600 PKR = 1 USD |
Kosar baji ihas been a citizen of Vehari, Pakistan for the past 15 years. Vehari city is famous for its shrines. Her husband, M. Nawaz, is an auto-rickshaw (a local three-wheeled motor vehicle) driver. He drives a rented auto-rickshaw. Kosar baji is requesting a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle) for her husband so that he doesn't have to rent his vehicle and can receive all the income from his labor.
She is the group leader of a group with two other women. Jandodi baji requests a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle). Manzooran baji requests a loan to buy beams for her shuttering 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
She is the group leader of a group with two other women. Jandodi baji requests a loan to buy an auto-rickshaw (a local three-wheeled motor vehicle). Manzooran baji requests a loan to buy beams for her shuttering 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 Kosar M. Nawaz Group
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Loan has been disbursed
Location: Vehari, Pakistan
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Posted by
from Vehari, Pakistan
Apr 8, 2009 |
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Comment on this entry
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Repayment Schedule for Kosar M. Nawaz Group
Repayment Schedule for Kosar M. Nawaz Group
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2009 | $45.66 | $47.92 |  Repayment Received
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| August 2009 | $45.66 | $47.92 | Repayment Received
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| September 2009 | $68.49 | $0.00 |  Delinquent
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| October 2009 | $45.66 | $0.00 | Delinquent
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| November 2009 | $45.66 | $0.00 | Delinquent
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| December 2009 | $45.66 | Available Dec 1 | |||
| January 2010 | $45.66 | Available Jan 1 | |||
| February 2010 | $68.49 | Available Feb 1 | |||
| March 2010 | $45.66 | Available Mar 1 | |||
| April 2010 | $45.66 | Available Apr 1 | |||
| May 2010 | $22.74 | Available May 1 | |||
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