Farshta Group
Status: Paying Back
| $850.00 | Loan Amount |
|---|
About the Group
| Group Name: | Farshta Group |
|---|---|
| Group Members: |
Farshta Noredin Belqas Mohammad Akbar Abdull Hady Mohammad Azam Zaynab Mohammad Akbar |
| Location: | Kabul, Afghanistan |
| Activity: | Services |
About the Loan
| Loan Amount: | $850.00 |
|---|---|
| Loan Use: | Expand their businesses. |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 1, 2009 |
| Date Disbursed: | Jun 11, 2009 |
| Date Funded: | Jul 2, 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: | 47.3000 AFN = 1 USD |
They want to say this loan is very useful because it provides a good chance for poor entrepreneurs to expand their business.
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 Farshta Group
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Loan has been disbursed
Location: Kabul, Afghanistan
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Posted by
from Kabul, Afghanistan
Jul 3, 2009 |
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Comment on this entry
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Faeshta after the loan
Location: Kabul, Afghanistan
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Posted by
Rohina Hamida from Kabul, Afghanistan
Oct 6, 2009 |
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Comment on this entry
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Repayment Schedule for Farshta Group
Repayment Schedule for Farshta Group
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2009 | $212.50 | $212.50 |  Repayment Received
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| October 2009 | $106.25 | $106.25 | Repayment Received
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| November 2009 | $106.25 | $106.25 | Repayment Received
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| December 2009 | $106.25 | $106.25 | Repayment Received
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| January 2010 | $106.25 | Available Jan 1 | |||
| February 2010 | $106.25 | Available Feb 1 | |||
| March 2010 | $106.25 | Available Mar 1 | |||
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