Laylah Group

Status: Paying Back

$825.00		Loan Amount

40% repaid

About the Group

Group Name:	Laylah Group
Group Members:	Abay Abdull Hady Jamelah Abdar Raham Laylah Mahrdall Azem Sha Sakandar Sha
Location:	Kabul, Afghanistan
Activity:	General Store

About the Loan

Loan Amount:	$825.00
Loan Use:	buy necessary materials for their businesses
Repayment Term:	11 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Aug 1, 2009
Date Disbursed:	Jul 15, 2009
Date Funded:	Aug 4, 2009

About the Field Partner

Field Partner:

Ariana Financial Services Joint Stock Company (AFS), a partner of Mercy Corps

Field Partner Risk Rating:

(Learn more)

Active

34 months

2366

$1,054,875

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Afghanistan
Avg Annual Income:	$1,490.00
Currency:	Afghanistan Afghanis (AFN)
Exchange Rate:	49.5200 AFN = 1 USD

Laylah is the group leader of Laylah group. There are four members in this group. They are very happy with this loan that can make their businesses larger.

Abay and Jamelah want to take out a loan for their general stores. They want to expand their stores. And Laylah wants to take a loan for her business of tailoring. She will buy a machine for her business. Also, Azem Sha wants take a loan for his taxi business. He wants to gain more income from his business. With this loan they are can make their businesses larger and support their families and make a better future for themselves and for their families in future.

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

Lenders to this group

Thomas
Fort Mill, SC
United States

Martin
Takoma Park, MD
United States

Janis
Jacksonville, FL
United States

Anonymous
Millwood, NY
United States

Ximena
El Paso, TX
United States

Mihaela
London, London
United Kingdom

Cecilia & Siggi
Düsseldorf,
Germany

Christine

palinurus
Southampton, Hampshire
United Kingdom

Anonymous
Chatham, NJ
United States

Anonymous
Corpus Christi, TX
United States

Brent
Bethlehem, PA
United States

ArtBushkin
Vienna, VA
United States

Søren
Aalborg, Danmark
Denmark

Anne
Oslo,
Norway

Michael
Valrico, FL
United States

Jonathan&Sonya
Brookline, MA
United States

Alex
London, London
United Kingdom

eunan
londonderry, donegal
Ireland

Wpromote
El Segundo, CA
United States

Don
Picture Butte, AB
Canada

Duane
Oklahoma City, OK
United States

Anonymous
Wescosville, PA
United States

Sherron
New York, NY
United States

Cathy
Nanaimo, British Columbia
Canada

Al
Toronto, Ontario
Canada

Anonymous
Del rio, TX
United States

Martha
Seymour, CT
United States

kate
Wooloweyah,
Australia

harjot
brampton, Ontario
Canada

Cem
Kensington, CA
United States

Top Lending Teams for this group

London
Local Area
229 Members

easylink
Common Interest
1 Member

OPRAH LOVERS
Other
4 Members

Atheists, Agnostics, Skeptics, Freethinkers, Secular Humanists and the Non-Religious
Common Interest
7040 Members

Three Cups of Tea - CAI Supporters
Common Interest
119 Members

Journal entries for Laylah Group

Loan has been disbursed Entrepreneur: Laylah Group Location: Kabul, Afghanistan Thank you for your loan. It has been disbursed to Laylah Group, consisting of Abay Abdull Hady , Jamelah Abdar Raham , Laylah Mahrdall , Azem Sha Sakandar Sha 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 9 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 5, 2009
Comment on this entry

Laylah group after the loan Entrepreneur: Laylah Group Location: Kabul, Afghanistan Laylah group members could progress well after Kiva loan they have received. Each of the group members used the loan for purchasing the required materials of the business and now all of them are satisfied from their business and would like to thank all Kiva lenders
Posted by Rohina Hamida from Kabul, Afghanistan Nov 2, 2009
Comment on this entry

Repayment Schedule for Laylah Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
October 2009	$165.00	$165.00	Repayment Received
November 2009	$82.50	$82.50	Repayment Received
December 2009	$82.50	$82.50	Repayment Received
January 2010	$82.50	Available Jan 1
February 2010	$82.50	Available Feb 1
March 2010	$82.50	Available Mar 1
April 2010	$82.50	Available Apr 1
May 2010	$82.50	Available May 1
June 2010	$82.50	Available Jun 1