Khatera Ahmad Reshad Group


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Group

Group Name: Khatera Ahmad Reshad Group
Group Members: Khatera Qhulam Alee
Ahmsd Reshad Qhulam Alee
Mohammad Zaref Mohammad Qarban
Najeeba Mirale sha
Location: Kabul, Afghanistan
Activity: Services

About the Loan

Loan Amount: $1,200.00
Loan Use: to expand their businesses
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 17, 2009
Date Disbursed: Jan 15, 2009
Date Funded:Jan 17, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:47.2323 AFN = 1 USD



Ahmad Reshad is the group leader of the Khatera Ahmad Reshad group. There are four members in this group. Each of them would like to receive money for his/her own business.



Khatera and Mohammad Zaref want to take a loan for their businesses. And Najeeba wants to take a loan for her tailoring shop in her house. They all want to see expansion and progress in their businesses and want to earn more money to support their families.



With this loan they can make their businesses larger and support their families better. And make a better future for themselves and for their families. They are really happy with this loan process in this poor country.





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 Khatera Ahmad Reshad Group


Loan has been disbursed
 
Entrepreneur: Khatera Ahmad Reshad Group
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to the Khatera Qhulam Alee group, consisting of Khatera Qhulam Alee, Ahmsd Reshad Qhulam Alee, Mohammad Zaref Mohammad Qarban, Najeeba Mirale sha 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 18, 2009
Comments (1)

Khatera Ahmad Reshad group after the loan
 
Entrepreneur: Khatera Ahmad Reshad Group
Location: Kabul, Afghanistan

Khatera Ahmad Reshad group could progress well after the loan because after the loan each of the members could buy the essential materials of their own business.

They all would like to say that Kiva is an effective process which can support the ones who need money for the progress of their business.They all thank Kiva lenders.


Posted by Roya Omari from Kabul, Afghanistan
May 7, 2009
Comment on this entry

Kiva Help Repayment Schedule for Khatera Ahmad Reshad Group

  Expected Repayments Actual Repayments Comments
March 2009 $120.00 $120.00 Repayment Received
April 2009 $120.00 $120.00 Repayment Received
May 2009 $120.00 $120.00 Repayment Received
June 2009 $120.00 $119.99 Repayment Received
July 2009 $120.00 $120.00 Repayment Received
August 2009 $120.00 $120.00 Repayment Received
September 2009 $120.00 $120.01 Repayment Received
October 2009 $120.00 $120.00 Repayment Received
November 2009 $120.00 $120.00 Repayment Received
December 2009 $120.00 $120.00 Repayment Received