Najeba Group


Status: Paying Back

$775.00   Loan Amount
16% repaid

About the Group

Group Name: Najeba Group
Group Members: Najeba Muhammad Azem
Malali Shmsullah
Manizha Aqbal shah
Location: Kabul, Afghanistan
Activity: Services

About the Loan

Loan Amount: $775.00
Loan Use: To expand a metal working shop, embroidery business and tailoring business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 1, 2009
Date Disbursed: Aug 6, 2009
Date Funded:Sep 2, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:49.6598 AFN = 1 USD



Najeba is the leader of Najeba Group. There are three members in this group. Each of them wants to take a loan for expanding their businesses. Najeba wants to take a loan for her husband who has a metal working shop. Malali wants to take a loan for an embroidery business. Manizha wants to take a loan for a tailoring business. They are requesting a group of loan 38,000 AFN. And they are very happy for AFS and Kiva lenders who can support the 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 Najeba Group


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

Thank you for your loan. It has been disbursed to Najeba Group, consisting of Najeba Muhammad Azem, Malali Shmsullah , Manizha Aqbal shah 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 12 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 3, 2009
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Kiva Help Repayment Schedule for Najeba Group

  Expected Repayments Actual Repayments Comments
November 2009 $64.59 $64.59 Repayment Received
December 2009 $64.59 $64.59 Repayment Received
January 2010 $64.59 Available Jan 1  
February 2010 $64.59 Available Feb 1  
March 2010 $64.59 Available Mar 1  
April 2010 $64.59 Available Apr 1  
May 2010 $64.59 Available May 1  
June 2010 $64.59 Available Jun 1  
July 2010 $64.59 Available Jul 1  
August 2010 $64.59 Available Aug 1  
September 2010 $64.59 Available Sep 1  
October 2010 $64.51 Available Oct 1