Zaki Group


Status: Paying Back

$325.00   Loan Amount
0% repaid

About the Group

Group Name: Zaki Group
Group Members: Zaki Muhammad Ahsan
Halima Hashm
Zhara Barat
Location: Kabul, Afghanistan
Activity: Services

About the Loan

Loan Amount: $325.00
Loan Use: Improve and enlarge auto parts shop, carpet weaving business, and embroidery business
Repayment Term: 10 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Nov 1, 2009
Date Disbursed: Oct 21, 2009
Date Funded:Nov 1, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:47.4500 AFN = 1 USD



Zaki is the group leader of the Zaki group. There are three members in this group. They all want take a loan to improve and enlarge their businesses.


Zaki requests a loan for her husband, who has car parts shop. Zhara requests a loan for her carpet weaving business. Halima requests a loan for her embroidery business. So they are requesting a group loan of 15000 Afghani. They thank AFS and Kiva lenders.




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 Zaki Group


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

Thank you for your loan. It has been disbursed to Zaki Group, consisting of Zaki Muhammad Ahsan, Halima Hashm, Zhara Barat 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 2, 2009
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Kiva Help Repayment Schedule for Zaki Group

  Expected Repayments Actual Repayments Comments
January 2010 $40.63 Available Jan 1  
February 2010 $40.62 Available Feb 1  
March 2010 $40.63 Available Mar 1  
April 2010 $40.62 Available Apr 1  
May 2010 $40.63 Available May 1  
June 2010 $40.62 Available Jun 1  
July 2010 $40.63 Available Jul 1  
August 2010 $40.62 Available Aug 1