Kamin Group


Status: Paying Back

$600.00   Loan Amount
10% repaid

About the Group

Group Name: Kamin Group
Group Members: Waheedullah Habib Rahman
Abdull Rahman Habib Rahman
Sayeed Agha Sayeed Rahman
Location: Jalalabad, Afghanistan
Activity: Retail

About the Loan

Loan Amount: $600.00
Loan Use: They want to buy necessary things for there business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 1, 2009
Date Disbursed: Sep 6, 2009
Date Funded:Oct 3, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:50.0000 AFN = 1 USD



Waheedullah who is the group leader Kamin group after hard working he made a group of Three members each one of them are busy in different tasks like Waheedullah busy in hair dresser shop, Abdul Rahaman busy in catering shop and Sayeed Agha busy in retail shop they wants to become stronger in there business so there for they made a group and wants to containing there business and they requested a group loan each members need 10000 Afghani and to further there work and be a good Client for Kiva and AFS (Ariana Financial Services Joint Stock Company) Waheedullah is ensure that they can repay the loan on it is time and he can control the whole group he would like to thank Avery body that help with this process of loan in Jalalabad Afghanistan.





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 Kamin Group


Loan has been disbursed
 
Entrepreneur: Kamin Group
Location: Jalalabad, Afghanistan

Thank you for your loan. It has been disbursed to Kamin Group, consisting of Waheedullah Habib Rahman, Abdull Rahman Habib Rahman, Sayeed Agha Sayeed Rahman 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 Jalalabad, Afghanistan
Oct 4, 2009
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Kiva Help Repayment Schedule for Kamin Group

  Expected Repayments Actual Repayments Comments
December 2009 $60.00 $60.00 Repayment Received
January 2010 $60.00 Available Jan 1  
February 2010 $60.00 Available Feb 1  
March 2010 $60.00 Available Mar 1  
April 2010 $60.00 Available Apr 1  
May 2010 $60.00 Available May 1  
June 2010 $60.00 Available Jun 1  
July 2010 $60.00 Available Jul 1  
August 2010 $60.00 Available Aug 1  
September 2010 $60.00 Available Sep 1