Saltan Mohammad Faqire


Status: Paying Back

$1,075.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Saltan Mohammad Faqire
Location: Kabul, Afghanistan
Activity: Catering

About the Loan

Loan Amount: $1,075.00
Loan Use: To complete his stock and enlarge his shop
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 24, 2008
Date Disbursed: Oct 8, 2008
Date Funded:Sep 24, 2008

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:47.0563 AFN = 1 USD



Saltan Mohammad is 30 years old. He lives in a household of 13 members. He has a catering shop that he has been involved in for more than 11 years. He has 4 workers and one of his brothers is also involved with Mohammad in the business. During the war, he was out of the country for about 5 years but when he came back to Afghanistan he started his business again.



Now he needs to expand his business. He wants to take out an individual loan of 50000 Afghanis with a term of 18 months to complete his stock and enlarge his shop. He has some good numbers of clients. They are very happy with him.



Saltan wants his business to become more popular. He wishes to have anther shop in the next few years and become very strong in his business. It is one of his best wishes and he hopes to do it. He would like to thank lenders that help people through this process.


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Journal entries for Saltan Mohammad Faqire


Loan has been disbursed
 
Entrepreneur: Saltan Mohammad Faqire
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Saltan Mohammad Faqire 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 24, 2008
Comments (1)

Saltan mohammad after the loan
 
Entrepreneur: Saltan Mohammad Faqire
Location: Kabul, Afghanistan

Saltan mohammad the 30 years old man that he support the house hold of 13 members he love to see his business more popular there for he always work hard to do it and his brother is help he a lot in this business saltan wants to thank whole lenders around the world with this fantastic process of loan in this country he said i can change my busniess now he wants to say wide out this loan enlarging my business was impossible and he really appreciate this program and wants to containing his business.


Posted by Tawfeq Khurush from Kabul, Afghanistan
Nov 23, 2008
Comments (2)

Kiva Help Repayment Schedule for Saltan Mohammad Faqire

  Expected Repayments Actual Repayments Comments
January 2009 $59.72 $59.72 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 $59.72 Available May 1  
June 2010 $59.76 Available Jun 1