Fatana Group


Status: Paid Back

$900.00   Loan Request
$900.00   Paid Back

About the Group

Group Name: Fatana Group
Group Members: Nabela Jaleal Shah
zabida abdul hamid
Zakara abdul hamid hasayn shah
Location: Kabul, Afghanistan
Activity: Sewing

About the Loan

Loan Amount: $900.00
Loan Use: to help their businesses progress
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 1, 2009
Date Disbursed: Jan 1, 2009
Date Funded:Jan 1, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:47.1787 AFN = 1 USD



Nabela is the group leader of the Fatana group. There are three members in this group. Each of them would like to receive a loan for her own business. Zabida and Zakara want to take a loan for the business of tailoring. Nabela wants to take a loan for her bead business. They all want to see progress in their businesses and to earn more money to support their families better in future.



They want to say that they appreciate these loans people in Afghanistan can use to further their businesses and make larger businesses. They want to thank those involved in the Kiva process to support poor people.




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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Lenders to this group

Suzanne
Hillsborough, NC
United States

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

Breianne
Long Beach, CA
United States

Ian
Asheville, NC
United States

Ravikumar
EDISON, NJ
United States

Anonymous
Julian, NC
United States

Heather
Boulder, CO
United States

Ron
Elyria, OH
United States

Helle
Århus C,
Denmark

Anonymous
Atlanta, GA
United States

Judith
St. Peter, MN
United States

Hilde
San Antonio, TX
United States

Gabriel
Toronto, Ontario
Canada

Edward Diaram Gary ...
Syosset, NY
United States

Murf
novi, MI
United States

howard
new malden, surrey
United Kingdom

Axel
Ottawa, Ontario
Canada

Marja
Alkmaar,
Netherlands

CherylS
kivafriends.org, Littleton, NC
United States

Matt
Fort Worth, TX
United States

Niels
Svaneke, Bornholm
Denmark

Nick
Boston, MA
United States

Kristy
Farmington Hills, MI
United States

David
Broomall, PA
United States

George & Debbie
MI
United States



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Journal entries for Fatana Group


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

Thank you for your loan. It has been disbursed to the Nabela Jaleal Shah group, consisting of Nabela Jaleal Shah, zabida abdul hamid, Zakara abdul hamid hasayn shah 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
Jan 2, 2009
Comment on this entry

Nabela after the loan
 
Entrepreneur: Fatana Group
Location: Kabul, Afghanistan

They were used their previous loan to purchase some necessary things and tools used for their shops. They say their business is doing well. On good days they makes 20$ a day their income. they also says that the Kiva loans and AFSG loans are not only helping their business grow, but also helping their pay their children’s school fees, feed their family better, and improve their housing. And they were very happy about this process of loan in Afghanistan.


Posted by martaza nasire from Kabul, Afghanistan
Feb 1, 2009
Comment on this entry

Kiva Help Repayment Schedule for Fatana Group

  Expected Repayments Actual Repayments Comments
March 2009 $90.00 $90.00 Repayment Received
April 2009 $90.00 $90.00 Repayment Received
May 2009 $90.00 $90.00 Repayment Received
June 2009 $90.00 $89.99 Repayment Received
July 2009 $90.00 $90.00 Repayment Received
August 2009 $90.00 $90.00 Repayment Received
September 2009 $90.00 $90.01 Repayment Received
October 2009 $90.00 $90.00 Repayment Received
November 2009 $90.00 $90.00 Repayment Received
December 2009 $90.00 $90.00 Repayment Received