Nada Mohammad Group
Status: Paying Back
| $800.00 | Loan Amount |
|---|
About the Group
| Group Name: | Nada Mohammad Group |
|---|---|
| Group Members: |
Nada Mohammad Mire Mohammad Fazylah Faqer Ahamad Faryda Mohammad Gull Aqalah Mohammad Hakem |
| Location: | Kabul, Afghanistan |
| Activity: | General Store |
About the Loan
| Loan Amount: | $800.00 |
|---|---|
| Loan Use: | To make their businesses larger |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | May 1, 2009 |
| Date Disbursed: | Apr 26, 2009 |
| Date Funded: | May 4, 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: | 51.5100 AFN = 1 USD |
Nada Mohammad wants to take a loan for his general store. He wants to expand and progress his business. Fazylah wants to take a loan for her son’s business of selling fruits and vegetables. Her son wants to make his shop larger. Faryda wants to take a loan for her business of tailoring. She wants to buy new a machine for her business. Aqalah wants to take a loan for her husband’s retail food business. He wants to buy necessary materials for his shop.
They are confident that with the money they receive they can have a good profit and can run their businesses in a good way. They all are happy about the process of obtaining a loan and want to say that it can support the entrepreneurs a lot.
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 Nada Mohammad Group
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Loan has been disbursed
Location: Kabul, Afghanistan
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Posted by
from Kabul, Afghanistan
May 5, 2009 |
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Comment on this entry
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Nada Mohammad after the loan
Location: Kabul, Afghanistan
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Posted by
Rohina Hamida from Kabul, Afghanistan
Aug 1, 2009 |
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Comment on this entry
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Repayment Schedule for Nada Mohammad Group
Repayment Schedule for Nada Mohammad Group
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2009 | $200.00 | $200.00 |  Repayment Received
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| August 2009 | $100.00 | $100.00 | Repayment Received
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| September 2009 | $100.00 | $100.00 | Repayment Received
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| October 2009 | $100.00 | $100.00 | Repayment Received
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| November 2009 | $100.00 | $100.00 | Repayment Received
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| December 2009 | $100.00 | $100.00 | Repayment Received
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| January 2010 | $100.00 | Available Jan 1 | |||
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