Pana Group


Status: Paying Back

$600.00   Loan Amount
70% repaid

About the Group

Group Name: Pana Group
Group Members: Farida Abdul Qaum
Faiz Khnum Abdul Wahed
Location: Kabul, Afghanistan
Activity: Services

About the Loan

Loan Amount: $600.00
Loan Use: for expanding business
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Apr 1, 2009
Date Disbursed: Mar 30, 2009
Date Funded:Apr 1, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:47.4021 AFN = 1 USD



Farida is the group leader of Pana group. There are two members in this group and each of them needs a loan to expand her business. Farida wants to take out a loan for her husband who has a fruit cart. Faiz Khnum wants to take out a loan for her embroidery business. They want a loan of $600 for the term of ten months. They like this process because it can support one to expand and progress in business.





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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Lenders to this group

Brigitte
Bentveld,
Netherlands

Laurent D
Brussels,
Belgium

UUFM-Micro
Mankato, MN
United States

David
Vancouver, British Columbia
Canada

RNW
Seabrook, TX
United States

Mayumi
Woodinville, WA
United States

Pauline
Elgin, IL
United States

dce
brooklyn, NY
United States

Loren
Oakland, CA
United States

Ashlan
:o)
United States

Roma
San Carlos, CA
United States

Hilde
Oslo,
Norway

Deb
Alexandria, VA
United States

Anonymous
bellevue, WA
United States

Diane R
KivaFriends.org, Santa Clara, CA
United States

Gary
Neodesha, KS
United States

Brigid
Northglenn, CO
United States

Brian Meyette
Cornish, NH
United States

Lynette
Providence, RI
United States

Engelbert
West Orange, NJ
United States

Nancy
Palo Alto, CA
United States

Ilya
Bronx, NY
United States

Denise
Bellingham, WA
United States

QANTA
NEW YORK CITY, NEW YORK
United States



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Journal entries for Pana Group


Loan has been disbursed
 
Entrepreneur: Pana Group
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Pana group, consisting of Farida Abdul Qaum, Faiz Khnum Abdul Wahed 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 10 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
Apr 2, 2009
Comment on this entry

Pana group after the loan
 
Entrepreneur: Pana Group
Location: Kabul, Afghanistan

The loan could support both Farida and Faiz Khanum. Farida’s husbasnd could buy different kinds of fresh fruits for his cart and Faiz Khunm could purchase the best quality materials for her business of embroidery. They are both happy and satisfied from their monthly income and would like to thank all lenders around the world specially Kiva lenders.


Posted by rashed faqriy from Kabul, Afghanistan
Jun 27, 2009
Comment on this entry

Kiva Help Repayment Schedule for Pana Group

  Expected Repayments Actual Repayments Comments
June 2009 $60.00 $59.99 Repayment Received
July 2009 $60.00 $60.00 Repayment Received
August 2009 $60.00 $60.00 Repayment Received
September 2009 $60.00 $60.01 Repayment Received
October 2009 $60.00 $60.00 Repayment Received
November 2009 $60.00 $60.00 Repayment Received
December 2009 $60.00 $60.00 Repayment Received
January 2010 $60.00 Available Jan 1  
February 2010 $60.00 Available Feb 1  
March 2010 $60.00 Available Mar 1