Gulam Rasool Abdul Qayom


Status: Paying Back

$1,025.00   Loan Amount
41% repaid

About the Entrepreneur

Name: Gulam Rasool Abdul Qayom
Location: Kabul, Afghanistan
Activity: Farming

About the Loan

Loan Amount: $1,025.00
Loan Use: To purchase seeds and tools
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2009
Date Disbursed: May 5, 2009
Date Funded:Jun 3, 2009

About the Country

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



Gulam Rasool is the son of Abdul Qayom. He lives in Bagrami Kabul Afghanistan. He is 39 and married with three children. He lives in a family of seven including his father and mother. He has lots of responsibilities for his family and he has to pay for all the expenses of the house, so he needs to work hard and earn more money to fulfill their needs. That is why, as a farmer, he works on his farm a lot and tries to have a cultivated land. He would like to purchase different kinds of seeds and some tools for farming, so he has requested an individual loan of 50000 Afghani for the term of 12 months. He is happy with this effective process.




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Journal entries for Gulam Rasool Abdul Qayom


Loan has been disbursed
 
Entrepreneur: Gulam Rasool Abdul Qayom
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Gulam Rasool Abdul Qayom 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
Jun 4, 2009
Comment on this entry

Gulam Rasool after the loan
 
Entrepreneur: Gulam Rasool Abdul Qayom
Location: Kabul, Afghanistan

Gulam Rasool who is a farmer could use his loan for buying more seeds and the other required materials. Now he is happy from the progress of his work and most of the clients prefer coming to his land for buying the fresh vegetables he has grown. Now with the money he receives he can solve all his problems in an easy way.

He would like to thank all Kiva lenders and the other lenders around the world.


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

Kiva Help Repayment Schedule for Gulam Rasool Abdul Qayom

  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