Torpekay Group
Status: Paying Back
| $850.00 | Loan Amount |
|---|
About the Group
| Group Name: | Torpekay Group |
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| Group Members: |
Torpekay Fazal Sabhan Nazefa Ghulam Mohammad Abdul Mahmod Abdul Ghafar Nafas Jan Ghulam Mohammad |
| Location: | Kabul, Afghanistan |
| Activity: | General Store |
About the Loan
| Loan Amount: | $850.00 |
|---|---|
| Loan Use: | expanding their small businesses |
| Repayment Term: | 11 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jul 1, 2009 |
| Date Disbursed: | Jun 16, 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 |
Torpekay wants to take a loan for her brother’s business: general store. Nazefa wants to take a loan for her sewing business. Abdul Mahmod wants to take a loan for his retail shop. And Nafas Jan wants to take a loan for her business of carpet weaving.
They all would like to expand their businesses through the loan they want to take, and support their families as well.
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 Torpekay 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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Torpekay 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 Torpekay Group
Repayment Schedule for Torpekay Group
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2009 | $170.00 | $170.00 |  Repayment Received
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| October 2009 | $85.00 | $85.00 | Repayment Received
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| November 2009 | $85.00 | $85.00 | Repayment Received
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| December 2009 | $85.00 | $85.00 | Repayment Received
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| January 2010 | $85.00 | Available Jan 1 | |||
| February 2010 | $85.00 | Available Feb 1 | |||
| March 2010 | $85.00 | Available Mar 1 | |||
| April 2010 | $85.00 | Available Apr 1 | |||
| May 2010 | $85.00 | Available May 1 | |||
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