Roya Group
Status: Paying Back
| $650.00 | Loan Amount |
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0% repaid
About the Group
| Group Name: | Roya Group |
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| Group Members: |
Roya Sayed Meer Soma Sayed Meer Farden Qatab |
| Location: | Kabul, Afghanistan |
| Activity: | General Store |
About the Loan
| Loan Amount: | $650.00 |
|---|---|
| Loan Use: | For expanding their businesses |
| Repayment Term: | 10 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Nov 1, 2009 |
| Date Disbursed: | Oct 20, 2009 |
| Date Funded: | Nov 4, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Ariana Financial Services Joint Stock Company (AFS), a partner of Mercy Corps |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 34 months |
| Kiva Entrepreneurs: | 2366 |
| Total Loans: | $1,054,875 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Afghanistan |
|---|---|
| Avg Annual Income: | $1,490.00 |
| Currency: | Afghanistan Afghanis (AFN) |
| Exchange Rate: | 47.4900 AFN = 1 USD |
Roya is the group leader of the Roya Group. There are three members in this group. Each of them wants to take a loan to progress their businesses and make them larger.
Roya wants to take a loan for her brother, who has a general store. Soma wants to take a loan for her husband, who has a shop for selling fruits and vegetables. Farden wants to take a loan for a vegetable-selling shop. They requested a group of loan 30,000 Afghani and they are very happy with this loan process 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
Roya wants to take a loan for her brother, who has a general store. Soma wants to take a loan for her husband, who has a shop for selling fruits and vegetables. Farden wants to take a loan for a vegetable-selling shop. They requested a group of loan 30,000 Afghani and they are very happy with this loan process 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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Good Dogg
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Ian
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Elizabeth
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Patricia
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Audun
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Thomas
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Nicole & Hiren
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Jaci
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Lisa & Kevin
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Natasha
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Andreas
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Jafar Abbas
Melrose Park, IL
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Carolyn
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Lance
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Nathan
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Journal entries for Roya Group
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Loan has been disbursed
Location: Kabul, Afghanistan
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Posted by
from Kabul, Afghanistan
Nov 5, 2009 |
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Comment on this entry
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Repayment Schedule for Roya Group
Repayment Schedule for Roya Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $81.25 | Available Jan 1 | |||
| February 2010 | $81.25 | Available Feb 1 | |||
| March 2010 | $81.25 | Available Mar 1 | |||
| April 2010 | $81.25 | Available Apr 1 | |||
| May 2010 | $81.25 | Available May 1 | |||
| June 2010 | $81.25 | Available Jun 1 | |||
| July 2010 | $81.25 | Available Jul 1 | |||
| August 2010 | $81.25 | Available Aug 1 | |||
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