Noorjahan Khatun & four entrepreneurs, Sewang
Loan requested $1000.68
Loan issued $1000.68
Funds raised $550.38
Funds released $0.00
Sector Services
Repayment term in months 18.0


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About Noorjahan Khatun & four entrepreneurs, Sewang

Noorjahan Khatun has a tailoring shop where she and her husband work in shifts. She has many customers to whom she is unable to cater service. She wants to buy two sewing machines and hire one person, hence she has applied for a micro loan. She has four family members including two sons. Her monthly income is Rs 3000/-(USD66). She is the group leader who organizes monthly meetings and ensures all repayments are made on time. Aisha Khatun (Photo 2) also has a small tailoring shop in her house and her husband is an auto driver. Due to increase in customers of hers and also repairing the auto of her husband she has applied for micro loan. She has four members in her family including two sons and her monthly income is Rs 3000/-(USD66). Sakhila Khatun sitting first from left at front row. She provides auto service with her husband. Her customers are increasing day by day. She wants to hire an auto and a driver. She also wants to repair her auto. Hence she has applied for a micro loan. She has six family members including one son and three daughters. Her monthly income is Rs 3000/-(USD66). Roshan Arak sitting second from the right side in the front row of group photo has a small tailoring shop which she runs with her husband. She has earned a good name in her locality for her excellent work, hence her customers are increasing. She wants to buy two sewing machines and hire two persons so she has applied for a micro loan. She has five members in her family including three daughters and her monthly income is Rs 3000/-(USD66). Rehana Khatun sitting first from the right corner. Her husband is peddler of bangles. She wants to capitalize her business hence she has applied for a micro loan. She has four family members including one son and one daughter. Her monthly income is Rs 4000/-(USD88). Aveda Bibi sitting first from left at back row. She has a small tailoring business. Her customers are increasing day by day and she is not able to cater service to them. She wants to buy a machine and hire a person and hence applied for micro loan. She has six members in her family including one son and three daughters. Her monthly income is Rs 3500/-(USD77). These entrepreneurs are very dedicated and want to do good for themselves and their families. They understand the concept of a Joint Liability Group. In case any member is unable to repay the micro loan, they will pay on behalf of the member whose loan is delinquent. The entrepreneurs in the group support each other through the joint liability concept.


Partner MFI
Name: Ajiwika Society Ownership: Non-profit
Year Founded: 2006 Credit Risk Rating: Beta Plus
Partner Since: 2009 Rating Agency: M-Cril
Interest Rate: 24.0 % Delinquency Rate: 2.67 %
Target Clients: Poor, Ultra poor Default Rate: 0.0 %
Repayment overview

Total Funded Amount = $550.38
Total Loan Amount = $1000.68

Repayment Overview chart

Note: This chart indicates the repayment by entrepreneurs on the principal amount. The actual repayment amounts include the interest on the loan and will be different.
Progress Report
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(And, please, use the same transliteration everywhere ! Noorjahan Khatun is « Noorjahan Khatun s here & there, but sometimes – see « View members and loans » – « Nurjahan Khatun » !)
Posted by Budelberger on   02 Jan 2010 04:31 PM
« Noorjahan Khatun & four entrepreneurs, Sewang » ?... Noorjahan Khatun, Aisha Khatun, Sakhila Khatun, Roshan Arak, Rehana Khatun, Aveda Bibi... I'm not a mathématicien, but I count « Noorjahan Khatun & five entrepreneurs »... (And, please, use the s
Posted by Budelberger on   02 Jan 2010 04:25 PM

Funders to this entrepreneur

Dr. J - magician
Andreas
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Anette
Geoff
Sverre Skimmeland
The Imran Family
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eric thompson
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Bill
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Anonymous
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Karen
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Miss O.
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Hari
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Ajay Deshpande
Anonymous
Christy
SUSAN
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Anonymous
Budelberger
 
 
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