Ahmad Fawad Group
Status: Paying Back
| $1,200.00 | Loan Amount |
|---|
About the Group
| Group Name: | Ahmad Fawad Group |
|---|---|
| Group Members: |
Ahmad Fawad Jan Dat Khan Bebe Sheren Omid Jan Muhammad Nauim Muhammad Anwer Farada Muhammad Anwer |
| Location: | Kabul, Afghanistan |
| Activity: | Services |
About the Loan
| Loan Amount: | $1,200.00 |
|---|---|
| Loan Use: | for business progress |
| Repayment Term: | 12 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Apr 23, 2009 |
| Date Disbursed: | Apr 16, 2009 |
| Date Funded: | Apr 23, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Ariana Financial Services Joint Stock Company (AFS), a partner of Mercy Corps |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 34 months |
| Kiva Entrepreneurs: | 2366 |
| Total Loans: | $1,054,875 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Afghanistan |
|---|---|
| Avg Annual Income: | $1,490.00 |
| Currency: | Afghanistan Afghanis (AFN) |
| Exchange Rate: | 47.3000 AFN = 1 USD |
Ahmad Fawad wants to take a loan to repair his taxi. Bebe Sheren wants to take a loan for her husband, who has a small restaurant. Bebe Sheren's husband wants to purchase a new desk and chairs for his restaurant. Muhammad Nauim wants to take a loan for the tailoring business and he wants to buy a new machine for his shop because he has lots of problems with old one he has during sewing. He also wants to hire a student to support him in his business and to enlarge his business. Farad wants to take a loan for the business of tailoring.
They requested a group loan of 56000 Afghani for a term of 10 months. They are very thankful to Kiva lenders that support the entrepreneurs in the progress of their business.
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 Ahmad Fawad Group
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Loan has been disbursed
Location: Kabul, Afghanistan
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Posted by
from Kabul, Afghanistan
Apr 24, 2009 |
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Ahmad Fawad group after the loan
Location: Kabul, Afghanistan
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Posted by
rashed faqriy from Kabul, Afghanistan
Jul 26, 2009 |
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Comment on this entry
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Repayment Schedule for Ahmad Fawad Group
Repayment Schedule for Ahmad Fawad Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $120.00 | $120.00 |  Repayment Received
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| August 2009 | $120.00 | $120.00 | Repayment Received
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| September 2009 | $120.00 | $120.00 | Repayment Received
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| October 2009 | $120.00 | $120.00 | Repayment Received
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| November 2009 | $120.00 | $120.00 | Repayment Received
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| December 2009 | $120.00 | $120.00 | Repayment Received
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| January 2010 | $120.00 | Available Jan 1 | |||
| February 2010 | $120.00 | Available Feb 1 | |||
| March 2010 | $120.00 | Available Mar 1 | |||
| April 2010 | $120.00 | Available Apr 1 | |||
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