Abdul Razaq Group


Status: Paying Back

$875.00   Loan Amount
60% repaid

About the Group

Group Name: Abdul Razaq Group
Group Members: Abdul Razaq Abdul Saber
Palwasha Abdul Saber
Ma Jan Muhammad Jan
Location: Kabul, Afghanistan
Activity: Services

About the Loan

Loan Amount: $875.00
Loan Use: Buy business supplies.
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 1, 2009
Date Disbursed: Apr 30, 2009
Date Funded:May 4, 2009

About the Country

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



Abdul Razaq is the group leader of the Abdul Razaq group. They have three members. They want to take a loan of 44100 Afghani for 10 months. Abdul Razaq wants to take a loan for his computer making shop. Palwasha wants a loan for tailoring. Ma Jan wants a loan for the business of leather work. They admire this process so much.




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

Terix Computer Service
Sunnyvale, CA
United States

Arlene
Washington, DC
United States

Thomas
Fort Mill, SC
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Laurent D
Brussels,
Belgium

Pierre
Paris,
France

Anonymous
miami, Queensland
Australia

Les and Lisa
Breckenridge, TX
United States

Patrick
San Francisco, CA
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Chuck
Jackson Heights, NY
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AlexW
Bromley, Kent
United Kingdom

Nilvia
Mississauga, Ontario
Canada

Leonard
Delft,
Netherlands

Edith
Brooklyn, NY
United States

Matteo
Venice, Venice
Italy

Robert
Oxford, Oxfordshire
United Kingdom

Ragnhild
Saupstad,
Norway

Rob
Meadville, PA
United States

tim
Indianapolis, IN
United States

PHILIP
WOODLAND HILLS, CA
United States

Robert & Becky
San Diego, CA
United States

Ouri
Corenc,
France

Sul
Bad Saulgau,
Germany

Stephanie
San Francisco, CA
United States

Oliver
Frankston, Victoria
Australia

Pomerleau Family
Gibsonia, PA
United States



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Journal entries for Abdul Razaq Group


Loan has been disbursed
 
Entrepreneur: Abdul Razaq Group
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Abdul Razaq Group, consisting of Abdul Razaq Abdul Saber, Palwasha Abdul Saber, Ma Jan Muhammad Jan 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 10 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 4, 2009
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Abdul Razaq group after the loan
 
Entrepreneur: Abdul Razaq Group
Location: Kabul, Afghanistan

After the loan Abdul Razaq group could expand his/her business. Abdul Razaq could buy more tools for his business of computer making shop. Palwasha could take new machines for her business. Ma Jan could take necessary materials for her business. They all very thankful to kiva lenders that can support all poor people.


Posted by rashed faqriy from Kabul, Afghanistan
Jul 27, 2009
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Kiva Help Repayment Schedule for Abdul Razaq Group

  Expected Repayments Actual Repayments Comments
July 2009 $87.50 $87.50 Repayment Received
August 2009 $87.50 $87.50 Repayment Received
September 2009 $87.50 $87.50 Repayment Received
October 2009 $87.50 $87.50 Repayment Received
November 2009 $87.50 $87.50 Repayment Received
December 2009 $87.50 $87.50 Repayment Received
January 2010 $87.50 Available Jan 1  
February 2010 $87.50 Available Feb 1  
March 2010 $87.50 Available Mar 1  
April 2010 $87.50 Available Apr 1