Fazella Group


Status: Paying Back

$1,200.00   Loan Amount
0% repaid

About the Group

Group Name: Fazella Group
Group Members: Fazella Mohammad Rahim
Shayma Gulam Sakhi
Sanam Gull Faqir
Fowzeya Gulam
Location: Kabul, Afghanistan
Activity: Services

About the Loan

Loan Amount: $1,200.00
Loan Use: They want to improve in there businesses to help there family butter
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 1, 2009
Date Disbursed: Oct 6, 2009
Date Funded:Nov 1, 2009

About the Country

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



Fazella the group leader of Fazella group. They live in district 4th Kabul Afghanistan and there are four members in this group. The total requested amount is 56000 Afghani. And each of them would like to receive the loan for her own business. Fazella and Shayma want to receive a loan for their tailoring business.Sanam wants to take a loan for her husband’s business of general store. And Fowzeya wants to take a loan for her business of fresh fruit. They would like to admire this process and want to thank form Kiva too.





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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Eddie
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Carol
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Journal entries for Fazella Group


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

Thank you for your loan. It has been disbursed to Fazella Group, consisting of Fazella Mohammad Rahim , Shayma Gulam Sakhi, Sanam Gull Faqir, Fowzeya Gulam 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
Nov 2, 2009
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Kiva Help Repayment Schedule for Fazella Group

  Expected Repayments Actual Repayments Comments
January 2010 $100.01 Available Jan 1  
February 2010 $100.00 Available Feb 1  
March 2010 $100.01 Available Mar 1  
April 2010 $100.01 Available Apr 1  
May 2010 $100.01 Available May 1  
June 2010 $100.00 Available Jun 1  
July 2010 $100.01 Available Jul 1  
August 2010 $100.01 Available Aug 1  
September 2010 $100.00 Available Sep 1  
October 2010 $100.01 Available Oct 1  
November 2010 $100.01 Available Nov 1  
December 2010 $99.92 Available Dec 1