Ekhtiar Ahmad


Status: Paying Back

$975.00   Loan Amount
16% repaid

About the Entrepreneur

Name: Ekhtiar Ahmad
Location: Jalalabad, Afghanistan
Activity: Farming

About the Loan

Loan Amount: $975.00
Loan Use: Buying animals for his land and some seeds
Repayment Term: 29 months - View details below
Lenders Repaid: Irregularly
Currency Exchange Loss: Covered
Date Listed: May 1, 2009
Date Disbursed: Apr 22, 2009
Date Funded:May 6, 2009

About the Country

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



Ekhtiar Ahmad is a young man with lots of experience, though he is uneducated. He works in agriculture and has been involved in this business for more than 15 years, working with his family during this time. He has some land, but he would love to have more. To buy more land, he needs extra money. Therefore, he requested an individual loan of 50000 Afghani to buy new land and start growing.

He is a professional man and, from when he started his business, he always wanted to improve it. In the town where he lives, when any of the agricultural men face any difficulties, they come and ask Ekhriar to help with their problems.

He is grateful for this loan process. He wants to say that it is his first loan and it is really great, especially for agricultural workers. He wants to continue his partnership and encourage other workers to use this loan service.


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Journal entries for Ekhtiar Ahmad


Loan has been disbursed
 
Entrepreneur: Ekhtiar Ahmad
Location: Jalalabad, Afghanistan

Thank you for your loan. It has been disbursed to Ekhtiar Ahmad 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 26 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 Jalalabad, Afghanistan
May 7, 2009
Comments (1)

Ekhtiar Ahmad after the loan
 
Entrepreneur: Ekhtiar Ahmad
Location: Jalalabad, Afghanistan

Ekhtiar is an active person and he was worked very had on his land and he was very thankfully from the all lenders of around the world because they solve a very big problems of his business and he told me when he was took the kiva loan he was completed his stock and his income was to good and he can solve his family problems and continues his partnership with kiva lenders and AFS thanks a lot from both.


Posted by martaza nasire from Jalalabad, Afghanistan
Sep 1, 2009
Comments (1)

Kiva Help Repayment Schedule for Ekhtiar Ahmad

  Expected Repayments Actual Repayments Comments
September 2009 $40.62 $40.62 Repayment Received
October 2009 $40.62 $40.62 Repayment Received
November 2009 $40.62 $40.62 Repayment Received
December 2009 $40.62 $40.62 Repayment Received
January 2010 $40.62 Available Jan 1  
February 2010 $40.62 Available Feb 1  
March 2010 $40.62 Available Mar 1  
April 2010 $40.62 Available Apr 1  
May 2010 $40.62 Available May 1  
June 2010 $40.62 Available Jun 1  
July 2010 $40.62 Available Jul 1  
August 2010 $40.62 Available Aug 1  
September 2010 $40.62 Available Sep 1  
October 2010 $40.62 Available Oct 1  
November 2010 $40.62 Available Nov 1  
December 2010 $40.62 Available Dec 1  
January 2011 $40.62 Available Jan 1  
February 2011 $40.62 Available Feb 1  
March 2011 $40.62 Available Mar 1  
April 2011 $40.62 Available Apr 1  
May 2011 $40.62 Available May 1  
June 2011 $40.62 Available Jun 1  
July 2011 $40.62 Available Jul 1  
September 2011 $40.74 Available Sep 1