Mohammad Taher Group


Status: Paying Back

$1,075.00   Loan Amount
40% repaid

About the Group

Group Name: Mohammad Taher Group
Group Members: Pastah Fatah Mohammad
Parwen Haje Ameir
Farozan Haje Afzal
Fahema Mohammad Aesa
Mohammad Taher Mohammad Zaher
Location: Kabul, Afghanistan
Activity: Bookstore

About the Loan

Loan Amount: $1,075.00
Loan Use: To expand their businesses
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 1, 2009
Date Disbursed: Jul 27, 2009
Date Funded:Sep 1, 2009

About the Country

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



Mohammad Taher is the group leader of Mohammad Taher group. There are five members in this group. All of them would like to receive a small loan for their businesses.


Pastah wants to take a loan for her business of purchasing beading materials. Parwen wants to take a loan for her husband’s fruit cart business. Farozan wants to take a loan for her husband’s general store. Fahema wants to take a loan for her bakery business. And Mohammad Taher wants to take a loan for his business of selling of books, pens, and other things in his shop.


They all want to expand and improve their businesses and they are really happy that these loans will help them expand their businesses. They say that these loans can be very useful because they provide a chance for poor people in their country.




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 Mohammad Taher Group


Loan has been disbursed
 
Entrepreneur: Mohammad Taher Group
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Mohammad Taher Group, consisting of Pastah Fatah Mohammad , Parwen Haje Ameir , Farozan Haje Afzal , Fahema Mohammad Aesa , Mohammad Taher Mohammad Zaher 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
Sep 2, 2009
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Mohammad Taher after the loan
 
Entrepreneur: Mohammad Taher Group
Location: Kabul, Afghanistan

Mohammad Taher is brought many changes to their business. Pashton required materials for beading, and Parwen for her husband’s business of fruit cart buy new shop for his businesses and Faahema for her bakery and Mohammad Taher for his book store after the loan their expand and progress their business.


Posted by Rohina Hamida from Kabul, Afghanistan
Nov 2, 2009
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Kiva Help Repayment Schedule for Mohammad Taher Group

  Expected Repayments Actual Repayments Comments
November 2009 $322.50 $322.50 Repayment Received
December 2009 $107.50 $107.50 Repayment Received
January 2010 $107.50 Available Jan 1  
February 2010 $107.50 Available Feb 1  
March 2010 $107.50 Available Mar 1  
April 2010 $107.50 Available Apr 1  
May 2010 $107.50 Available May 1  
June 2010 $107.50 Available Jun 1