Nazya Group

Status: Paying Back

$325.00		Loan Amount

60% repaid

About the Group

Group Name:	Nazya Group
Group Members:	Nazya Amamadin Parwen Mohammad Talab Aqa jan Mohammad Hasen
Location:	Kabul, Afghanistan
Activity:	Beauty Salon

About the Loan

Loan Amount:	$325.00
Loan Use:	To make their businesses larger
Repayment Term:	11 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Jul 1, 2009
Date Disbursed:	May 26, 2009
Date Funded:	Jul 1, 2009

About the Field Partner

Field Partner:

Ariana Financial Services Joint Stock Company (AFS), a partner of Mercy Corps

Field Partner Risk Rating:

(Learn more)

Active

34 months

2366

$1,054,875

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Afghanistan
Avg Annual Income:	$1,490.00
Currency:	Afghanistan Afghanis (AFN)
Exchange Rate:	49.8625 AFN = 1 USD

Nazya is the group leader of the Nazya group, which has three members. To expand their businesses, they requested a loan of 15000 Afghani. Nazya wants to take a loan to make her hairdressing shop larger. Parwen wants a loan to buy a new machine for her business of tailoring. And Aqa jan wants to buy necessary materials for his vegetable shop.

They all are happy about the process of the 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

Lenders to this group

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Carla
Richmond, VA
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Madiha
Irving, TX
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David
Vancouver, British Columbia
Canada

Robert & Diane
Quebec
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Stevana
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Amie
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Jennifer
Fort Smith, AR
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Kelowna, British Columbia
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Journal entries for Nazya Group

Loan has been disbursed Entrepreneur: Nazya Group Location: Kabul, Afghanistan Thank you for your loan. It has been disbursed to Nazya Group, consisting of Nazya Amamadin, Parwen Mohammad Talab , Aqa jan Mohammad Hasen 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 Jul 2, 2009
Comment on this entry

Nazya after the loan Entrepreneur: Nazya Group Location: Kabul, Afghanistan Nazya group members could progress well. Each of the group members used the Kiva loan for purchasing the required materials. They are all glad from the change that has come to their business and they are satisfied from the monthly income they receive. Each of the group members would like to say that Kiva is an effective process that supports all the entrepreneurs around the world.
Posted by Rohina Hamida from Kabul, Afghanistan Aug 31, 2009
Comment on this entry

Repayment Schedule for Nazya Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
September 2009	$97.50	$97.50	Repayment Received
October 2009	$32.50	$32.50	Repayment Received
November 2009	$32.50	$32.50	Repayment Received
December 2009	$32.50	$32.50	Repayment Received
January 2010	$32.50	Available Jan 1
February 2010	$32.50	Available Feb 1
March 2010	$32.50	Available Mar 1
April 2010	$32.50	Available Apr 1