Maual Group


Status: Paying Back

$1,075.00   Loan Amount
37% repaid

About the Group

Group Name: Maual Group
Group Members: Maual Amam Jan
Seema Gul Merza Jan
Maboba Kamal Dien
Sheren Aqha Gul Alam
Amana Gul Alam
Location: Kabul, Afghanistan
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $1,075.00
Loan Use: To progress his business
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Aug 1, 2009
Date Disbursed: Jul 5, 2009
Date Funded:Aug 7, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:47.4901 AFN = 1 USD



Maual is the group leader of Maual group. There are five members in this group and each of them wants to progress their business and make it larger.

Maual wants to take a loan for his fruit and vegetables shop.

Seema Gul wants to take a loan for her tailoring business.

Maboba wants to take a loan for her husband who has general store.

Sheren Aqha wants to take a loan for his pizza shop.

Amana wants to take a loan for her embroidery and tailoring business.

So they are requested a group loan of 50,000 Afghani and they are very thankful to AFS and to Kiva lenders who are able to support the whole world.




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 Maual Group


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

Thank you for your loan. It has been disbursed to Maual Group, consisting of Maual Amam Jan, Seema Gul Merza Jan, Maboba Kamal Dien, Sheren Aqha Gul Alam, Amana Gul Alam 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
Aug 8, 2009
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Kiva Help Repayment Schedule for Maual Group

  Expected Repayments Actual Repayments Comments
October 2009 $134.38 $134.38 Repayment Received
November 2009 $134.38 $134.38 Repayment Received
December 2009 $134.38 $134.38 Repayment Received
January 2010 $134.38 Available Jan 1  
February 2010 $134.38 Available Feb 1  
March 2010 $134.38 Available Mar 1  
April 2010 $134.38 Available Apr 1  
May 2010 $134.34 Available May 1