Sultan Mohammad Mohammad Sediq


Status: Paying Back

$975.00   Loan Amount
50% repaid

About the Entrepreneur

Name: Sultan Mohammad Mohammad Sediq
Location: Kabul, Afghanistan
Activity: Agriculture

About the Loan

Loan Amount: $975.00
Loan Use: purchasing more seeds
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 1, 2009
Date Disbursed: Apr 20, 2009
Date Funded:May 4, 2009

About the Country

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



Sultan Mohammad is the son of Mohammad Sediq. He lives in Kabul, Afghanistan. He is 35 years old. He has been married since 2002. He has two children—one son and one daughter. He owns land and is busy farming. He is glad that he is busy working and with the money he receives he meets the needs of his family members and pays for their expenses.


He needs to have cultivated land and grow more seeds, so he has requested an individual loan of 50000 Afghani for the term of 12 months to purchase more seeds and the other needed materials. He is pleased that there is such an effective loan process to support the Afghan people.



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Journal entries for Sultan Mohammad Mohammad Sediq


Loan has been disbursed
 
Entrepreneur: Sultan Mohammad Mohammad Sediq
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Sultan Mohammad Mohammad Sediq 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 12 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 5, 2009
Comment on this entry

Sultan Mohammad's business progress
 
Entrepreneur: Sultan Mohammad Mohammad Sediq
Location: Kabul, Afghanistan

Currently, Sultan Mohammad’s farming goes on well because after the loan he could give a new face to his business and bought all the required materials for his land. Now he has got a cultivated land and after the selling fresh vegetable he earns lots of money which is really effective for the increasing of his monthly income. He would like to thank all Kiva lenders from their support and providing the chance for the entrepreneurs to progress well.


Posted by Roya Omari from Kabul, Afghanistan
Jul 26, 2009
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Kiva Help Repayment Schedule for Sultan Mohammad Mohammad Sediq

  Expected Repayments Actual Repayments Comments
July 2009 $81.26 $81.26 Repayment Received
August 2009 $81.26 $81.26 Repayment Received
September 2009 $81.26 $81.26 Repayment Received
October 2009 $81.26 $81.26 Repayment Received
November 2009 $81.26 $81.26 Repayment Received
December 2009 $81.26 $81.26 Repayment Received
January 2010 $81.26 Available Jan 1  
February 2010 $81.26 Available Feb 1  
March 2010 $81.26 Available Mar 1  
April 2010 $81.26 Available Apr 1  
May 2010 $81.26 Available May 1  
June 2010 $81.14 Available Jun 1