Fahima Bene Hesar Group


Status: Paying Back

$1,075.00   Loan Amount
0% repaid

About the Group

Group Name: Fahima Bene Hesar Group
Group Members: Fahima Azatullah
Sediqa Nawab
Husnia Lutfullah
Nargis Azat Ali
Rahima Masjedi
Location: Kabul, Afghanistan
Activity: Tailoring

About the Loan

Loan Amount: $1,075.00
Loan Use: To buy a new sewing machine
Repayment Term: 12 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



Fahima is the group leader of Fahima Bene Hesar Group which is made up of five female members. Each of them would like to expand their business and bring some new changes to it.

Fahima would like to take a loan for her tailoring business. She has been a tailor for more than ten years. With the money she wants to buy a new sewing machine to sew good-quality clothes.

Sediqa wants to take a loan to buy fresh fruit to sell in the market.

Nargis wants to take a loan for her quilt-sewing business.

Husnia wants to take a loan for her bakery shop to buy flour and firewood.

Rahima wants to take a loan to buy new kinds of cosmetics for her beauty salon that is located in her house.

Together, they have requested a group loan of 50,000 Afghani.




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 Fahima Bene Hesar Group


Loan has been disbursed
 
Entrepreneur: Fahima Bene Hesar Group
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Fahima Bene Hesar Group, consisting of Fahima Azatullah, Sediqa Nawab, Husnia Lutfullah, Nargis Azat Ali, Rahima Masjedi 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
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Kiva Help Repayment Schedule for Fahima Bene Hesar Group

  Expected Repayments Actual Repayments Comments
January 2010 $107.50 Available Jan 1  
February 2010 $107.50 Available Feb 1  
March 2010 $107.50 Available Mar 1  
April 2010 $107.50 Available Apr 1  
May 2010 $107.50 Available May 1  
June 2010 $107.50 Available Jun 1  
July 2010 $107.50 Available Jul 1  
August 2010 $107.50 Available Aug 1  
September 2010 $107.50 Available Sep 1  
October 2010 $107.50 Available Oct 1