Ahmad Zaky Group


Status: Paid Back

$1,275.00   Loan Request
$1,275.00   Paid Back

About the Group

Group Name: Ahmad Zaky Group
Group Members: Shalla Ghulam Faroq
Shakerya Abdul qados
Ahmad Zaky Baz Mohammad
Ahmad Jawad Gulam Rabany
Anesa Mohammad Shar
Deeba Mohammad Aleem
Location: Kabul, Afghanistan
Activity: Tailoring

About the Loan

Loan Amount: $1,275.00
Loan Use: make their businesses larger and better
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jan 22, 2009
Date Disbursed: Jan 21, 2009
Date Funded:Jan 22, 2009
Loan Ended:Nov 15, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:47.5154 AFN = 1 USD



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



Shalla and Shakerya want to take out a loan for their husbands' tailoring businesses; they want to make the businesses larger and they need a small loan for this. Also, Ahmad Zaky and Ahmad Jawad want to take out a loan for their businesses of fruit cart and general store. They want to complete necessary materials for their shop. Anesa wants to take a loan for her son’s business; he sells books, pens, and so on. Also, Deeba wants to take a loan for her husband’s cosmetics business. He needs to buy necessary materials for his shop, and make his business larger.



They want to say that these loans are intended to help their businesses progress and for expanding their businesses so they are useful. They all want to thank Kiva lenders for the Kiva process in Afghanistan which supports 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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Journal entries for Ahmad Zaky Group


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

Thank you for your loan. It has been disbursed to the Shalla Ghulam Faroq group, consisting of Shalla Ghulam Faroq, Shakerya Abdul qados, Ahmad Zaky Baz Mohammad, Ahmad Jawad Gulam Rabany, Anesa Mohammad Shar, Deeba Mohammad Aleem 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 23, 2009
Comments (1)

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

Ahmad Zaky group members could progress well. Each of the group members bought the necessary materials of their business and completed whatever they needed for the progress of their business. Now their business goes on well and they are all happy from the monthly income they receive.

They all would like to thank from Kiva lenders so much.


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

Kiva Help Repayment Schedule for Ahmad Zaky Group

  Expected Repayments Actual Repayments Comments
March 2009 $127.50 $127.50 Repayment Received
April 2009 $127.50 $127.50 Repayment Received
May 2009 $127.50 $127.50 Repayment Received
June 2009 $127.50 $127.49 Repayment Received
July 2009 $127.50 $127.50 Repayment Received
August 2009 $127.50 $127.50 Repayment Received
September 2009 $127.50 $127.51 Repayment Received
October 2009 $127.50 $127.50 Repayment Received
November 2009 $127.50 $127.50 Repayment Received
December 2009 $127.50 $127.50 Repayment Received