Muhammad Ahman Group


Status: Paying Back

$850.00   Loan Amount
37% repaid

About the Group

Group Name: Muhammad Ahman Group
Group Members: Muhammad Ahman Qala Dad
Plwasha Ghulam Rasol
Bashe Meer Langer Khan
Gul Badam Naserullah
Location: Kabul, Afghanistan
Activity: Phone Use Sales

About the Loan

Loan Amount: $850.00
Loan Use: For expanding their businesses
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 1, 2009
Date Disbursed: Jul 29, 2009
Date Funded:Sep 5, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:47.5240 AFN = 1 USD



Muhammad Ahman is the group leader of the Muhammad Ahman group. There are four members in this group. Each of them wants to take a loan for expanding their businesses, so they are requesting a group of loan 40000 Afghani.

Muhammad Ahman wants to take a loan for his business of selling mobile-phone cards. Plwasha wants to take a loan for her husband, who is a taxi driver. Bashe wants to take a loan for a stationery shop. Gul Badam wants to take a loan for her husband, who has a general store.

They are very thankful for Kiva lenders who can support all worlds.




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

John
Toronto, Ontario
Canada

Waleed
Juffair,
Bahrain

peter
Pettendorf,
Germany

Mohammad
Atlanta, GA
United States

Amy
Grass Lake, MI
United States

Anonymous
Greenbelt, MD
United States

Todd & Lis
San Francisco, CA
United States

Jacob
Corinth, TX
United States

Peter

Estonia

Melissa & Peter Spurr
Joshua Tree, CA
United States

Nathan
Manukau,
New Zealand

Anonymous
Malvern East, Victoria
Australia

Maruschka
Hamburg,
Germany

Tomas
Vallingby, Stockholm
Sweden

anil
den haag, Zuid-Holland
Netherlands

Jeroen
Pingjum,
Netherlands



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Journal entries for Muhammad Ahman Group


Loan has been disbursed
 
Entrepreneur: Muhammad Ahman Group
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Muhammad Ahman Group, consisting of Muhammad Ahman Qala Dad, Plwasha Ghulam Rasol, Bashe Meer Langer Khan, Gul Badam Naserullah 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
Sep 6, 2009
Comment on this entry

After the loan Muhammad Ahman group
 
Entrepreneur: Muhammad Ahman Group
Location: Kabul, Afghanistan

Muhammad Ahman group could progress their business and make it larger. After the loan Muhammad Ahman could buy more mobile card. Now he has a good selling mobile card and good monthly income. Plwasha husband could buy new machine for his taxi. Bashe could buy all needed materials. Now he has a good business that he can support all his family members. Gul Badam husband could buy all needed things for his general store. Now he has got a great number of clients and a good and a high monthly income. So they are thankful from AFS and Kiva lenders that can support all poor people.


Posted by rashed faqriy from Kabul, Afghanistan
Nov 1, 2009
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Kiva Help Repayment Schedule for Muhammad Ahman Group

  Expected Repayments Actual Repayments Comments
November 2009 $212.50 $212.50 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  
May 2010 $106.25 Available May 1