Fatama Group


Status: Paying Back

$850.00   Loan Amount
50% repaid

About the Group

Group Name: Fatama Group
Group Members: Fatama Ramzan
Sabera Meer Ahmad
Raema Khan Ali
Salma Ali Jama
Location: Kabul, Afghanistan
Activity: Metal Shop

About the Loan

Loan Amount: $850.00
Loan Use: For expanding business
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jul 1, 2009
Date Disbursed: Jun 18, 2009
Date Funded:Jul 1, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:47.3000 AFN = 1 USD



Fatama is the group leader of the Fatama group. There are four members in this group. Each of them wants to take a loan to progress her business, so they have requested a group loan of 40,000 afghani.

Fatama wants a loan for her husband, who has a metal-working shop. Sabera wants a loan for her son, who is a taxi driver. Raema wants a loan for her husband, who has veil-selling shop. Salma wants a loan for the business of carpet weaving. They are very happy to have this lending process in Afghanistan.






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

Laurent D
Brussels,
Belgium

Helle
Århus C,
Denmark

Pedr0
Laguna Niguel, CA
United States

Jessica & Richard
San Francisco, CA
United States

Cary Hopper
blacksburg, VA
United States

jeff
bell gardens, CA
United States

Antti
Helsinki, Helsinki
Finland

Anne Sofie
Vøyenenga,
Norway

wayne
sacramento, CA
United States

Anonymous
Makati City, Metro Manila
Philippines

David
Golden, CO
United States

Christine
Straume, Sotra
Norway

Wolfgang
Dortmund,
Germany

Anonymous
MA
United States

Paul
Washington, DC
United States

jesse
vancouver, British Columbia
Canada

William
Medford, MA
United States

Erick & Nadia
Tustin, CA
United States

Larry & Jayne
Buffalo Grove, IL
United States

Rob Mowery
Pittsburgh, PA
United States

Anonymous
Potomac, MD
United States

jannette
eldersburg, MD
United States

SEG
Grinnell, IA
United States

Leigh Ann
Sheboygan, WI
United States

Jennifer
Sierra Vista, AZ
United States

John
Newtown Square, PA
United States

john
uniontown, PA
United States



Top Lending Teams for this group


Denmark
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208 Members

Brazil Arts World
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274 Members

We Choose Compassion
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Belgium
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234 Members

Journal entries for Fatama Group


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

Thank you for your loan. It has been disbursed to Fatama Group, consisting of Fatama Ramzan, Sabera Meer Ahmad, Raema Khan Ali, Salma Ali Jama 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 8 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

After the loan Fatama Group
 
Entrepreneur: Fatama Group
Location: Kabul, Afghanistan

Fatama group used his kiva loan for progress their business. After the loan Fatama husband could buy more necessary materials for his business. Now he has a satisfactory monthly income and is able to support his wife and his children and to complete all their necessities. Sabera son could buy needed materials for his taxi. Raema husband could purchase necessary materials. Now he has a good business and a good monthly income. Salma could buy the better materials of carpet weaving and she feels very comfortable and would like to say many thanks to kiva lenders a lot because they support all would and they admire this process of loan in Afghanistan.


Posted by rashed faqriy from Kabul, Afghanistan
Oct 4, 2009
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Kiva Help Repayment Schedule for Fatama Group

  Expected Repayments Actual Repayments Comments
September 2009 $106.25 $106.25 Repayment Received
October 2009 $106.25 $106.25 Repayment Received
November 2009 $106.25 $106.25 Repayment Received
December 2009 $106.25 $106.25 Repayment Received
January 2010 $106.25 Available Jan 1  
February 2010 $106.25 Available Feb 1  
March 2010 $106.25 Available Mar 1  
April 2010 $106.25 Available Apr 1