Nasir Ahmad Abdul Hamid


Status: Paying Back

$975.00   Loan Amount
60% repaid

About the Entrepreneur

Name: Nasir Ahmad Abdul Hamid
Location: Kabul, Afghanistan
Activity: Construction

About the Loan

Loan Amount: $975.00
Loan Use: To buy construction materials
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 1, 2009
Date Disbursed: Apr 20, 2009
Date Funded:May 5, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:51.5100 AFN = 1 USD



Nasir Ahmad is the son of Abdul Hamid. He lives in district 8, Kabul, Afghanistan. He is 50 years old and married with 6 children. After he came from Pakistan he opened a small restaurant to provide all the necessities of his house members and repair his house which was damaged because of winter. The income he received from his restaurant was not enough for both his house repairing and expenses of his family members, so he would like to take out a loan of 50000 Afghani for the term of ten months to buy the construction materials for his house.

He would like to mention that Kiva is an effective process that can support all the entrepreneurs.



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Journal entries for Nasir Ahmad Abdul Hamid


Loan has been disbursed
 
Entrepreneur: Nasir Ahmad Abdul Hamid
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Nasir Ahmad Abdul Hamid 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
May 6, 2009
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Nasir Ahmad after the loan
 
Entrepreneur: Nasir Ahmad Abdul Hamid
Location: Kabul, Afghanistan

The loan that Nasir Ahmad received could assist him so much. Because after the loan he could buy all needed constructive materials for his house repairing and he is glad that can live comfortably with his family members. He and his family members one by one would like to thank the Kiva lenders and the other lenders around the world for their best support.


Posted by Roya Omari from Kabul, Afghanistan
Jul 26, 2009
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Kiva Help Repayment Schedule for Nasir Ahmad Abdul Hamid

  Expected Repayments Actual Repayments Comments
July 2009 $97.50 $97.50 Repayment Received
August 2009 $97.50 $97.50 Repayment Received
September 2009 $97.50 $97.50 Repayment Received
October 2009 $97.50 $97.50 Repayment Received
November 2009 $97.50 $97.50 Repayment Received
December 2009 $97.50 $97.50 Repayment Received
January 2010 $97.50 Available Jan 1  
February 2010 $97.50 Available Feb 1  
March 2010 $97.50 Available Mar 1  
April 2010 $97.50 Available Apr 1