Qandia Gul Group


Status: Paying Back

$400.00   Loan Amount
75% repaid

About the Group

Group Name: Qandia Gul Group
Group Members: Qandia Gul Amer Dat
Salema Akber Khan
Location: Kabul, Afghanistan
Activity: Services

About the Loan

Loan Amount: $400.00
Loan Use: To expand their businesses
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 1, 2009
Date Disbursed: Apr 21, 2009
Date Funded:May 2, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:51.5100 AFN = 1 USD



Qandia Gul is the group leader of Qandia Gul group. There are two members of this group that would like to expand their businesses and want to take a loan of 20000 Afghani for a term of 8 months. Qandia Gul wants to take a loan for her bakery. Salema wants to take a loan for her brother who has a general store. Salema's brother wants to expand his business and attract more clients. They are very happy for this process of obtaining a loan in Afghanistan because every poor worker can use it and can change their businesses and their lives. They want to thank lenders around the world.







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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Lenders to this group

Ava, Susie & Shahram
Los Angeles, CA
United States

Thomas
Fort Mill, SC
United States

Laurent D
Brussels,
Belgium

Dan
Orange City, FL
United States

Amy's mom
KivaFriends.org, Midwest
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William
Antioch, IL
United States

Oliver
Beverly Hills, CA
United States

Jessica
Helsinki,
Finland

Lorraine
East St Paul, Manitoba
Canada

Chester
Houston, TX
United States

Ken
Vancouver, WA
United States

Rachel
Milwaukee, WI
United States

Johannes
Karlsruhe,
Germany

Chico and Monty
Grafton, MA
United States

Renee
Louisville, KY
United States



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Journal entries for Qandia Gul Group


Loan has been disbursed
 
Entrepreneur: Qandia Gul Group
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Qandia Gul Group, consisting of Qandia Gul Amer Dat, Salema Akber Khan by Ariana Financial Services Joint Stock Company (AFS), a partner of Mercy Corps in Afghanistan. We are excited to watch this business grow. Over the 8 months of this loan, Ariana Financial Services Joint Stock Company (AFS), a partner of Mercy Corps will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Kabul, Afghanistan
May 3, 2009
Comments (1)

Qandia Gul group after the loan
 
Entrepreneur: Qandia Gul Group
Location: Kabul, Afghanistan

Qandia Gul group used their kiva loan for expanding business. Qandia Gul could buy needed materials for his business. Salema brother could buy needed things for his general store. Now he has good business and good monthly income that can support all his family members. At the and of the wants to thank lenders around the world.


Posted by rashed faqriy from Kabul, Afghanistan
Jul 26, 2009
Comment on this entry

Kiva Help Repayment Schedule for Qandia Gul Group

  Expected Repayments Actual Repayments Comments
July 2009 $50.00 $50.00 Repayment Received
August 2009 $50.00 $50.00 Repayment Received
September 2009 $50.00 $50.00 Repayment Received
October 2009 $50.00 $50.00 Repayment Received
November 2009 $50.00 $50.00 Repayment Received
December 2009 $50.00 $50.00 Repayment Received
January 2010 $50.00 Available Jan 1  
February 2010 $50.00 Available Feb 1