Mohammad Yasof Group


Status: Paying Back

$900.00   Loan Amount
0% repaid

About the Group

Group Name: Mohammad Yasof Group
Group Members: Mohammad Yasof Mohammad Hasan
Samea allah Mohammad Hasan
Farhad Khan Aqa
Location: Kabul, Afghanistan
Activity: Services

About the Loan

Loan Amount: $900.00
Loan Use: they make larger 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 6, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:47.5200 AFN = 1 USD



Mohammad Yasof is the group leader of Mohammad Yasof group. There are four members in this group. All of them want to receive a loan for their business.

Mohammad Yasof and Samea allah want to take a loan for the business of selling mobile. They want to make larger their business. Farhad wants to take a loan for his business of fresh fruit selling. They want to buy necessary materials for his shop. He completes his stock. And they thank they loan of 42000 Afghani.

They want to say this loan is very useful. Because this loan can provide a good chance for poor entrepreneurs to expand their business




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 Mohammad Yasof Group


Loan has been disbursed
 
Entrepreneur: Mohammad Yasof Group
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Mohammad Yasof Group, consisting of Mohammad Yasof Mohammad Hasan, Samea allah Mohammad Hasan, Farhad Khan Aqa 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 Kabul, Afghanistan
Nov 7, 2009
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Kiva Help Repayment Schedule for Mohammad Yasof Group

  Expected Repayments Actual Repayments Comments
January 2010 $180.00 Available Jan 1  
February 2010 $90.00 Available Feb 1  
March 2010 $90.00 Available Mar 1  
April 2010 $90.00 Available Apr 1  
May 2010 $90.00 Available May 1  
June 2010 $90.00 Available Jun 1  
July 2010 $90.00 Available Jul 1  
August 2010 $90.00 Available Aug 1  
September 2010 $90.00 Available Sep 1