Nasema Group


Status: Paying Back

$625.00   Loan Amount
60% repaid

About the Group

Group Name: Nasema Group
Group Members: Nasema Mazrab Sha
Makey Meir Faqer
Ghancha Gull mohammad Akram
Location: Kabul, Afghanistan
Activity: Bakery

About the Loan

Loan Amount: $625.00
Loan Use: To buy stock for her bakery
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2009
Date Disbursed: May 21, 2009
Date Funded:Jun 1, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:49.8600 AFN = 1 USD



Nasema is the group leader of Nasema group. There are three members in this group. Each of them would like to receive money for their business, so the have requested a group loan of 30,000 Afghani.

Nasema wants to take a loan for her bakery business that she runs from her house. With this loan she wants to buy stock for her bakery.

Makey wants to take a loan for her husband’s vegetable shop. He wants to buy necessary materials for his business.

Ghancha Gull wants to take a loan for her husband’s general store.

They say that these loans can be very useful because they provide a chance for poor entrepreneurs to expand their businesses.




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

Kay
Columbia, MD KivaFriends.org
United States

UUFM-Micro
Mankato, MN
United States

Yizenia & Stephen
Santa Cruz, CA
United States

Colleen
Saint Paul, MN
United States

Anonymous
Ohbu-shi, Aichi
Japan

Anonymous
Silver Spring, MD
United States

Satchit
Eden Prairie, MN
United States

Angels
Hilliard, OH
United States

Tarun Sethi
Libertyville, IL
United States

One Million Dollar Team
New Holland, PA
United States

Anonymous
Vienna, VA
United States

Philipp
Ingelheim am Rhein,
Germany

Adriaan en Mieke
goes,
Netherlands

MONICA & JOHN
GALWAY, NY
United States



Top Lending Teams for this group


India
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Unitarian Universalists
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Minnesotans & Friends
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Three Cups of Tea - CAI Supporters
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Journal entries for Nasema Group


Loan has been disbursed
 
Entrepreneur: Nasema Group
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Nasema Group, consisting of Nasema Mazrab Sha, Makey Meir Faqer , Ghancha Gull mohammad Akram 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 9 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
Jun 2, 2009
Comment on this entry

Nasema after the loan
 
Entrepreneur: Nasema Group
Location: Kabul, Afghanistan

After the loan Nasema group members could buy all the materials which were necessary for their business progress. Now the group members have no difficulty. Each of them is successful in his business and they are satisfied from their income.

They would like to thank from Kiva.


Posted by Rohina Hamida from Kabul, Afghanistan
Aug 31, 2009
Comment on this entry

Kiva Help Repayment Schedule for Nasema Group

  Expected Repayments Actual Repayments Comments
August 2009 $125.00 $125.00 Repayment Received
September 2009 $62.50 $62.50 Repayment Received
October 2009 $62.50 $62.50 Repayment Received
November 2009 $62.50 $62.50 Repayment Received
December 2009 $62.50 $62.50 Repayment Received
January 2010 $62.50 Available Jan 1  
February 2010 $62.50 Available Feb 1  
March 2010 $62.50 Available Mar 1  
April 2010 $62.50 Available Apr 1