Muhammad Hakim Muhammad Amin


Status: Paying Back

$1,025.00   Loan Amount
41% repaid

About the Entrepreneur

Name: Muhammad Hakim Muhammad Amin
Location: Jalalabad, Afghanistan
Activity: Services

About the Loan

Loan Amount: $1,025.00
Loan Use: To build shops and get them ready to rent
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Jun 1, 2009
Date Disbursed: May 11, 2009
Date Funded:Jun 6, 2009

About the Country

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



Muhammad Hakim Muhammad Amin has a lock and key making and repairing shop. He is married with two children. He is an educated man and a very hard worker. He has a building that is located in a good area near the street.

He tried many times to build shops and rent them out but he could not. When he found AFS (Ariana Financial Services Joint Stock Company) and asked about this loan process he was really very happy.

Now he wants to take out an individual loan of 50,000 Afghanis to start building the shops and get them ready to rent in order to make a good profit, repay the loan, and support his family to provide a better future.

He is happy with all members of his family and he would like to thank Kiva and AFS for a successful loan process in Afghanistan. He wants to say a special thank you to lenders who are supporters of this process and wants to continue his partnership in the future.

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Journal entries for Muhammad Hakim Muhammad Amin


Loan has been disbursed
 
Entrepreneur: Muhammad Hakim Muhammad Amin
Location: Jalalabad, Afghanistan

Thank you for your loan. It has been disbursed to Muhammad Hakim Muhammad Amin 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 11 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
Jun 7, 2009
Comment on this entry

Muhammad Hakim after the loan
 
Entrepreneur: Muhammad Hakim Muhammad Amin
Location: Jalalabad, Afghanistan

Muhammad Hakim wants to thank from all lenders of around the world and thank Kiva and AFS to with this fantastic process of loan he would like to say in my age I still couldn’t see such good program in Afghanistan and people was faced with lots of difficulty and I love to see more success in this program in the future.


Posted by martaza nasire from Jalalabad, Afghanistan
Aug 29, 2009
Comments (1)

Kiva Help Repayment Schedule for Muhammad Hakim Muhammad Amin

  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