Gheta Group


Status: Paying Back

$850.00   Loan Amount
0% repaid

About the Group

Group Name: Gheta Group
Group Members: Raqya Mohammad Ghaws
Zakera Mohammad Abdullah
Gheta Mader Jan
Gullaly Mohammad Ghaws
Location: Kabul, Afghanistan
Activity: Services

About the Loan

Loan Amount: $850.00
Loan Use: they are expand and progress for their business
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 1, 2009
Date Disbursed: Oct 6, 2009
Date Funded:Nov 2, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:47.6032 AFN = 1 USD



Gheta is the group leader of Gheta group. There are four members in this group. All of them would like to receive a loan for his/her own business. Their requested a group loan of 40000 Afghani.
Raqya and Zakera want to take a loan for her business of beading and Gheta wants to take a loan for her husband’s business of general store.Gullaly wants to take a loan for her business of husband’s. The all wants to buy necessary materials for their businesses.
They want to say this loan is very use full because this loan can provide a good chance for poor entrepreneurs to expand their business and become stronger in there business and life this group wants to thank this process of loan in 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 Gheta Group


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

Thank you for your loan. It has been disbursed to Gheta Group, consisting of Raqya Mohammad Ghaws, Zakera Mohammad Abdullah, Gheta Mader Jan, Gullaly Mohammad Ghaws 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
Nov 3, 2009
Comment on this entry

Kiva Help Repayment Schedule for Gheta Group

  Expected Repayments Actual Repayments Comments
January 2010 $170.00 Available Jan 1  
February 2010 $85.00 Available Feb 1  
March 2010 $85.00 Available Mar 1  
April 2010 $85.00 Available Apr 1  
May 2010 $85.00 Available May 1  
June 2010 $85.00 Available Jun 1  
July 2010 $85.00 Available Jul 1  
August 2010 $85.00 Available Aug 1  
September 2010 $85.00 Available Sep 1