Abdul Habib Mohammad Rasool


Status: Paid Back

$975.00   Loan Request
$975.00   Paid Back

About the Entrepreneur

Name: Abdul Habib Mohammad Rasool
Location: Kabul, Afghanistan
Activity: Services

About the Loan

Loan Amount: $975.00
Loan Use: expanding his business
Repayment Term: 8 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 1, 2009
Date Disbursed: Apr 20, 2009
Date Funded:May 7, 2009
Loan Ended:Nov 15, 2009

About the Country

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



The man who is pictured is Abdul Habib, the son of Mohammad Rasool. He lives in district 8 of Kabul, Afghanistan. He is an oil seller and most of the other shops and people buy oil from his shop.


He wants to make his business vast and make it larger. He needs to take a loan of 50000 Afghani for the term of 6 months. He is confident that he will progress in his business as soon as possible. He wants to say that Kiva is an effective process.




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Journal entries for Abdul Habib Mohammad Rasool


Loan has been disbursed
 
Entrepreneur: Abdul Habib Mohammad Rasool
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Abdul Habib Mohammad Rasool 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 6 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 8, 2009
Comment on this entry

Abdul Habib after the loan
 
Entrepreneur: Abdul Habib Mohammad Rasool
Location: Kabul, Afghanistan

After the loan Abdul Habib could make his shop larger and also he bought more cans and bottles of oil for his shop. Now he has got all Kinds of oil available in his shop and has attracted lots of clients because now his shop looks more organized than before. He is glad from the progress of his business and would like to thank all kiva lenders that support the Afghan entrepreneurs.


Posted by Roya Omari from Kabul, Afghanistan
Jul 26, 2009
Comment on this entry

Kiva Help Repayment Schedule for Abdul Habib Mohammad Rasool

  Expected Repayments Actual Repayments Comments
July 2009 $162.49 $162.49 Repayment Received
August 2009 $162.49 $162.49 Repayment Received
September 2009 $162.49 $162.49 Repayment Received
October 2009 $162.49 $162.49 Repayment Received
November 2009 $162.49 $162.49 Repayment Received
December 2009 $162.55 $162.55 Repayment Received