Sayad Jan Aaqa Group


Status: Paid Back

$650.00   Loan Request
$650.00   Paid Back

About the Group

Group Name: Sayad Jan Aaqa Group
Group Members: Zakara Abdul Himad
Sauad jan Sayad nasrallh
Nadara Yar Mohammad
Marzya Abdul basyd
Location: Kabul, Afghanistan
Activity: Sewing

About the Loan

Loan Amount: $650.00
Loan Use: to expand and enlarge their businesses
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 19, 2009
Date Disbursed: Jan 19, 2009
Date Funded:Jan 19, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:46.8669 AFN = 1 USD



Sauad Jan Sayad Nasrallh is the group leader of Sayadjan group. There are four members in this group. Each of them would like to receive a small loan for his/her business.



Zakara and Sauad Jan Sayad want to take a loan for purchasing tailoring materials for their businesses. Nadara wants to take a loan for her fruit cart business. And Marzya wants to take a loan for electric equipment for her husband’s shop. They all want to expand their businesses so they can progress, and they are really happy with these loans that can support one to expand her/her business.



They say that these loans can be very useful because they provide a chance for poor people in this 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 Sayad Jan Aaqa Group


Loan has been disbursed
 
Entrepreneur: Sayad Jan Aaqa Group
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to the Zakara Abdul Himad group, consisting of Zakara Abdul Himad, Sauad jan Sayad nasrallh, Nadara Yar Mohammad, Marzya Abdul basyd 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 20, 2009
Comment on this entry

Sayed jan Aaqa group after the loan
 
Entrepreneur: Sayad Jan Aaqa Group
Location: Kabul, Afghanistan

Sayed jan Aaqa group members could progress well. Each of the group members used the Kiva loan for purchasing the required materials. They are all glad from the change that has come to their business and they are satisfied from the monthly income they receive. Each of the group members would like to say that Kiva is an effective process that supports all the entrepreneurs around the world.


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

Kiva Help Repayment Schedule for Sayad Jan Aaqa Group

  Expected Repayments Actual Repayments Comments
March 2009 $65.00 $65.00 Repayment Received
April 2009 $65.00 $65.00 Repayment Received
May 2009 $65.00 $65.00 Repayment Received
June 2009 $65.00 $65.00 Repayment Received
July 2009 $65.00 $65.00 Repayment Received
August 2009 $65.00 $65.00 Repayment Received
September 2009 $65.00 $65.00 Repayment Received
October 2009 $65.00 $65.00 Repayment Received
November 2009 $65.00 $65.00 Repayment Received
December 2009 $65.00 $65.00 Repayment Received