Niazllah Malang


Status: Paying Back

$1,075.00   Loan Amount
72% repaid

About the Entrepreneur

Name: Niazllah Malang
Location: Kabul, Afghanistan
Activity: Agriculture

About the Loan

Loan Amount: $1,075.00
Loan Use: To buy more seeds and complete his stock
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 2, 2008
Date Disbursed: Sep 16, 2008
Date Funded:Sep 2, 2008

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:46.9112 AFN = 1 USD



Niazllah is a young and uneducated man. He works in agriculture. He did not manage to obtain an education because of economic reasons. He has the responsibility for his hifamily. His father is dead and he has a small sister and brother. His mother is a home-maker, so she is not able to help with their family expenses. Therefore Niaz is the only bread-winner for the family.



He needs a loan. It is very necessary for Niazllah because he is unable to plant all his land, so he needs a lot of money to further his business and keep his family going. He wants to take out an individual loan of 50,000 Afghani to buy more seeds and complete his stock to cultivate all his land.



Niazllah is happy. He would like to thank both AFSG and Kiva for making this process of small loans possible in Afghanistan. He wants to continue his partnership and he wishes to contribute other workers in agriculture in Afghanistan.





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Top Lending Teams for this entrepreneur


Kiva Team Germany
Local Area
527 Members

Journal entries for Niazllah Malang


Loan has been disbursed
 
Entrepreneur: Niazllah Malang
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Niazllah Malang by Ariana Financial Services Group (AFSG), a partner of Mercy Corps in Afghanistan. We are excited to watch this business grow. Over the next 18 months, Ariana Financial Services Group (AFSG), a partner of Mercy Corps will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Tawfeq Khurush from Kabul, Afghanistan
Sep 2, 2008
Comment on this entry

niazllah after the loan
 
Entrepreneur: Niazllah Malang
Location: Kabul, Afghanistan

Niazllah a young and hard worker bread winner of his family that he support his family wants to say that when ever I applyed for loan i never thinked that I can be a client for AFSG and when I took loan I was really very happy and I have to say that I can cultivate my land now and I work very hard to take good benefit and containing my business with more success in the future he said it is very good process of loan in Afghanistan and I would like to thank whole lenders around the world that they are the only supporter for this proccess of loan in Afghanistan.


Posted by Tawfeq Khurush from Kabul, Afghanistan
Nov 23, 2008
Comment on this entry

Kiva Help Repayment Schedule for Niazllah Malang

  Expected Repayments Actual Repayments Comments
December 2008 $59.72 $60.00 Repayment Received
January 2009 $59.72 $59.44 Repayment Received
February 2009 $59.72 $59.72 Repayment Received
March 2009 $59.72 $59.72 Repayment Received
April 2009 $59.72 $59.72 Repayment Received
May 2009 $59.72 $59.72 Repayment Received
June 2009 $59.72 $59.72 Repayment Received
July 2009 $59.72 $59.72 Repayment Received
August 2009 $59.72 $59.72 Repayment Received
September 2009 $59.72 $59.72 Repayment Received
October 2009 $59.72 $59.72 Repayment Received
November 2009 $59.72 $59.72 Repayment Received
December 2009 $59.72 $59.72 Repayment Received
January 2010 $59.72 Available Jan 1  
February 2010 $59.72 Available Feb 1  
March 2010 $59.72 Available Mar 1  
April 2010 $59.72 Available Apr 1  
May 2010 $59.76 Available May 1