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S. No 1 2 Name Zar Bano Shamim Jafar Village Sultan abad Sultan abad Total Summary of the CED Loan Loan Number of Provided beneficiaries by MFi UH 2 Region Gilgit Gilgit Loan US$ 500 500 1,000 Recovered US$ 115 24 139 Outstanding US$ 385 476 861
Recovered in % 14
Microfinance Initiative University of Houston (MFi UH) CED loan status December 31, 2011
S. No 1 2 Name Zar Bano Shamim Jafar Village Sultan abad Sultan abad Total Region Gilgit Gilgit Loan US$ 500 500 1,000 Recovered US$ 115 24 139
Honey production
40 22 62
Note: unit cost of single bee hive @ 9000 PKR US$ conversion ratio @ 85
1st Inst 2nd Inst Default US$ US$ US$ 121 25 146 0 0 0 229 325 554
Recoverable Recovery % US$ to Date to Date 350 350 700 0.43 0.09 21
Total 13 8
Note: 1 Repayment includes service charges @ 5 % of principal amount on flat charge basis 2 The loan amount will be disbursed/collected in equivalent Pak Rupees on the prevailing currency exchange rate. 3 The service charges are used contributing towards facilitating procurement of input/beehives, transportation, support serrvices, monitoring, disbursement and collection of loans