Lul Mohammad Khan Mohammad


Status: Paying Back

$1,025.00   Loan Amount
41% repaid

About the Entrepreneur

Name: Lul Mohammad Khan Mohammad
Location: Kabul, Afghanistan
Activity: Farming

About the Loan

Loan Amount: $1,025.00
Loan Use: Purchasing seeds and needed tools
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: May 4, 2009
Date Disbursed: May 5, 2009
Date Funded:May 6, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:49.8600 AFN = 1 USD



The man who is pictured is Lul Mohammad, the son of Khan Mohammad. He lives in Kabul, Afghanistan. He is 40 years old and married with four children. He likes to work hard and to earn money for a better life for his children. One of his biggest desires is to have educated children.


He is a farmer. Every day, he wakes up early in the morning and goes on his land to start his work. He would like to expand his business and buy the essential tools and seeds for his land. He also wants to increase his income, so he has requested an individual loan of 50000 Afghani for the term of 12 months.


He is glad that such effective processes exist in Afghanistan for the support of poor entrepreneurs.


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Journal entries for Lul Mohammad Khan Mohammad


Loan has been disbursed
 
Entrepreneur: Lul Mohammad Khan Mohammad
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Lul Mohammad Khan Mohammad 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 7, 2009
Comment on this entry

Lul Mohammad's business after the loan
 
Entrepreneur: Lul Mohammad Khan Mohammad
Location: Kabul, Afghanistan

Right now Lul Mohammad has got a progressed business. Because after the loan he could buy the essential things for his farming. Now he is happy that his monthly income increases and he can earn more money. He would like to extend his gratitude to all lenders around the world specially Kiva from the great support.


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

Kiva Help Repayment Schedule for Lul Mohammad Khan Mohammad

  Expected Repayments Actual Repayments Comments
August 2009 $85.42 $85.42 Repayment Received
September 2009 $85.42 $85.42 Repayment Received
October 2009 $85.42 $85.42 Repayment Received
November 2009 $85.42 $85.42 Repayment Received
December 2009 $85.42 $85.42 Repayment Received
January 2010 $85.42 Available Jan 1  
February 2010 $85.42 Available Feb 1  
March 2010 $85.42 Available Mar 1  
April 2010 $85.42 Available Apr 1  
May 2010 $85.42 Available May 1  
June 2010 $85.42 Available Jun 1  
July 2010 $85.38 Available Jul 1