Naergas Group
Status: Paying Back
| $650.00 | Loan Amount |
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About the Group
| Group Name: | Naergas Group |
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| Group Members: |
Naergas Ahmad Khan Rawalah Ahmad Khan |
| Location: | Kabul, Afghanistan |
| Activity: | Spare Parts |
About the Loan
| Loan Amount: | $650.00 |
|---|---|
| Loan Use: | To expand her husband's business |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Aug 1, 2009 |
| Date Disbursed: | Jun 28, 2009 |
| Date Funded: | Aug 5, 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 |
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| 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 |
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| Avg Annual Income: | $1,490.00 |
| Currency: | Afghanistan Afghanis (AFN) |
| Exchange Rate: | 47.3000 AFN = 1 USD |
Naergas wants to take a loan for her husband who has car-parts shop.
Rawalah wants to take a loan for her husband who has a general store.
So they are very happy with this loan 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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Journal entries for Naergas Group
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Loan has been disbursed
Location: Kabul, Afghanistan
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Posted by
from Kabul, Afghanistan
Aug 6, 2009 |
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After the loan Naergas Group
Location: Kabul, Afghanistan
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Posted by
rashed faqriy from Kabul, Afghanistan
Oct 4, 2009 |
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Repayment Schedule for Naergas Group
Repayment Schedule for Naergas Group
| Expected Repayments | Actual Repayments | Comments | |||
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| October 2009 | $162.50 | $162.50 |  Repayment Received
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| November 2009 | $81.25 | $81.25 | Repayment Received
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| December 2009 | $81.25 | $81.25 | Repayment Received
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| January 2010 | $81.25 | Available Jan 1 | |||
| February 2010 | $81.25 | Available Feb 1 | |||
| March 2010 | $81.25 | Available Mar 1 | |||
| April 2010 | $81.25 | Available Apr 1 | |||
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