Aqlema Group

Status: Paying Back

$1,275	Loan Request Pre-Disbursed : Oct 21, 2009 Listed: Nov 1, 2009 Funded: Nov 1, 2009

20% repaid

About the Field Partner

Ariana Financial Services Joint Stock Company (AFS), a partner of Mercy Corps administers this loan. Learn more

Field Partner:

Ariana Financial Services Joint Stock Company (AFS), a partner of Mercy Corps

Field Partner Risk Rating:

(Learn more)

Fundraising Status:

Active

Time on Kiva:

36 months

Kiva Entrepreneurs:

2797

Total Loans:

$1,187,850

Interest & Fees are Charged:

Yes (Learn more)

Portfolio Yield:	36%
Profitability (Return on Assets):	-1%
Average Loan Size (% of Per Capita Income):	94%

Delinquency Rate:

0.00%

Default Rate:

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Afghanistan
Avg Annual Income:	$1,490
Currency:	Afghanistan Afghanis (AFN)
Exchange Rate:	47.4900 AFN = 1 USD

In this Group:
Jamela Faziludin , Aqlema Abdul Salam, Fajya Abdul Wakil, khatera Mohammad Zahir, Nahida Ghulam Dastager, Nabila Meera jan

About the Loan

Location:	Kabul, Afghanistan	Repayment Term:	12 months (more info)
Activity:	Crafts	Repayment Schedule:	Monthly
Loan Use:	To expand a quilting business	Currency Exchange Loss:	Covered
		Default Protection:	Not Covered

Aqlema and Fajya want to take out a loan for their tailoring business. They would like to buy new sewing machines. Jamela is requesting a loan for a quilting business. Nahida wants to receive a loan for her brother’s car parts shop. Khatera wants to take out a loan for her husband who is a mechanic and wants to buy essential materials for his shop. Nabila wants to take out a loan her husband who has a taxi and wants to buy a new part for it.

This is the Aqlema Group and Jamela is the group leader. The six members of this group have requested a group loan of 60,000 afghanis.

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

Lenders to this group

Terry
KivaFriends.org , St. Louis, MO
United States

Anthony
New York, NY
United States

Cecilie
Copenhagen,
Denmark

David
Frankfurt am Main,
Germany

Chris
Kooyong, VIC
Australia

Good Dogg
Front Porch, www.kivafriends.org
United States

Paula
Austin, TX
United States

Carmen
San Francisco, CA
United States

Sicco van Hoegee
Schiedam,
Netherlands

Marikke
Dortmund,
Germany

June
Folsom, CA
United States

Katherine
Ypsilanti, MI
United States

Caron
Brooklyn, NY
United States

Ayaz
New York, NY
United States

Jonathon
Downey, CA
United States

Xanthe
Chicago, IL
United States

Ellen

United States

Sandra Figueira
Santarém, Santarém
Portugal

Anonymous

TPC
Toronto, Ontario
Canada

Jaap
Enschede,
Netherlands

Elizabeth

Ardaleth
Zaragoza,
Spain

NANCY
ORO VALLEY, AZ
United States

Jason Buberel
Sunnyvale, CA
United States

Jan-Hendrik
Minden,
Germany

Jackie
McCall, ID
United States

Anonymous
Eagle Mountain, UT
United States

joan
Cambria, CA
United States

Karen and Clay
Santa Cruz, CA
United States

Brigitte
Milano, MI
Italy

Dana
South Orange, NJ
United States

Roy
Encinitas, CA
United States

Tom & Liane
Rhoadesville, VA
United States

Kennedy Group
Fort Worth, Texas
United States

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Journal entries for Aqlema Group

Loan has been disbursed Entrepreneur: Aqlema Group Location: Kabul, Afghanistan Thank you for your loan. It has been disbursed to Aqlema Group, consisting of Jamela Faziludin , Aqlema Abdul Salam, Fajya Abdul Wakil, khatera Mohammad Zahir, Nahida Ghulam Dastager, Nabila Meera jan 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 10 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
Comment on this entry

Aqlima group after the loan Entrepreneur: Aqlema Group Location: Kabul, Afghanistan The group members of Aqlima group could bring new changes in their businesses. Each of the group members could buy their needs and progress their businesses as well. They would like to extend their gratitude to all Kiva lenders.
Posted by Rohina Hamida from Kabul, Afghanistan Jan 30, 2010
Comment on this entry

Repayment Schedule for Aqlema Group

Show Advanced

	Expected Repayments	Actual Repayments	Comments
January 2010	$127.50	$127.50	Repayment Received
February 2010	$127.50	$127.50	Repayment Received
March 2010	$127.50	Available Mar 1
April 2010	$127.50	Available Apr 1
May 2010	$127.50	Available May 1
June 2010	$127.50	Available Jun 1
July 2010	$127.50	Available Jul 1
August 2010	$127.50	Available Aug 1
September 2010	$127.50	Available Sep 1
October 2010	$127.50	Available Oct 1