Aajer Safy Group
Status: Paid Back
| $850.00 | Loan Request | |
|---|---|---|
| $850.00 | Paid Back |
About the Group
| Group Name: | Aajer Safy Group |
|---|---|
| Group Members: |
Malally Abdul Aziz Hajera Sayad norz Howsey Mohammad Nader Galally Abdul Hadiy |
| Location: | Kabul, Afghanistan |
| Activity: | Sewing |
About the Loan
| Loan Amount: | $850.00 |
|---|---|
| Loan Use: | to buy necessary materials for their individual businesses |
| Repayment Term: | 9 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Jan 20, 2009 |
| Date Disbursed: | Jan 20, 2009 |
| Date Funded: | Jan 20, 2009 |
| Loan Ended: | Sep 15, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Ariana Financial Services Joint Stock Company (AFS), a partner of Mercy Corps |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 34 months |
| Kiva Entrepreneurs: | 2366 |
| Total Loans: | $1,054,875 |
| Delinquency Rate: | 0.00% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Afghanistan |
|---|---|
| Avg Annual Income: | $1,490.00 |
| Currency: | Afghanistan Afghanis (AFN) |
| Exchange Rate: | 47.7392 AFN = 1 USD |
Malally and Hajera want to take out a loan for their business of beading, and Howsey wants to take a loan for her tailoring business. Galally wants to take out a loan for her husband’s business. They all want to buy necessary materials for their businesses.
They want to say that this loan is very useful because it can provide a good chance for poor entrepreneurs to expand their businesses and become stronger in their business and life. This group wants to thank all the lenders for this process of loans in Afghanistan.
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 Aajer Safy Group
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Loan has been disbursed
Location: Kabul, Afghanistan
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Posted by
from Kabul, Afghanistan
Jan 21, 2009 |
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Comment on this entry
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Hajera group after the loan
Location: Kabul, Afghanistan
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Posted by
Roya Omari from Kabul, Afghanistan
May 7, 2009 |
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Comment on this entry
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Repayment Schedule for Aajer Safy Group
Repayment Schedule for Aajer Safy Group
| Expected Repayments | Actual Repayments | Comments | |||
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| March 2009 | $106.25 | $106.25 |  Repayment Received
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| April 2009 | $106.25 | $106.25 | Repayment Received
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| May 2009 | $106.25 | $106.25 | Repayment Received
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| June 2009 | $106.25 | $106.24 | Repayment Received
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| July 2009 | $106.25 | $106.25 | Repayment Received
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| August 2009 | $106.25 | $106.25 | Repayment Received
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| September 2009 | $106.25 | $106.26 | Repayment Received
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| October 2009 | $106.25 | $106.25 | Repayment Received
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