Badam Gul Group
Status: Paying Back
| $650.00 | Loan Amount |
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About the Group
| Group Name: | Badam Gul Group |
|---|---|
| Group Members: |
Badam Gul Mohammad malah Zayajan Mohammad malah Anesa Abrahem |
| Location: | Kabul, Afghanistan |
| Activity: | Services |
About the Loan
| Loan Amount: | $650.00 |
|---|---|
| Loan Use: | To expand their businesses and to better support their families |
| Repayment Term: | 11 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | Covered  |
| Date Listed: | Feb 4, 2009 |
| Date Disbursed: | Feb 3, 2009 |
| Date Funded: | Feb 4, 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: | 47.4807 AFN = 1 USD |
Specifically, Badam Gul and Zayajan are seeking a loan for their respective carpet-weaving businesses because they want to expand and improve such businesses. Meanwhile, Anesa is requesting a loan for the benefit of her brother’s business. They explain that these loans can be very useful because they provide a chance for poor entrepreneurs like themselves to expand their businesses.
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 Badam Gul Group
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Loan has been disbursed
Location: Kabul, Afghanistan
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Posted by
from Kabul, Afghanistan
Feb 5, 2009 |
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Comment on this entry
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Badam Gul Aftre the loan
Location: Kabul, Afghanistan
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Posted by
Rohina Hamida from Kabul, Afghanistan
Jun 1, 2009 |
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Comments (1)
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Repayment Schedule for Badam Gul Group
Repayment Schedule for Badam Gul Group
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| April 2009 | $65.00 | $65.00 |  Repayment Received
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| May 2009 | $65.00 | $65.00 | Repayment Received
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| June 2009 | $65.00 | $65.00 | Repayment Received
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| July 2009 | $65.00 | $65.00 | Repayment Received
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| August 2009 | $65.00 | $65.00 | Repayment Received
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| September 2009 | $65.00 | $65.00 | Repayment Received
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| October 2009 | $65.00 | $65.00 | Repayment Received
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| November 2009 | $65.00 | $65.00 | Repayment Received
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| December 2009 | $65.00 | $65.00 | Repayment Received
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| January 2010 | $65.00 | Available Jan 1 | |||
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