Zar Mohammad Nazar Mohammad


Status: Paying Back

$1,075.00   Loan Amount
66% repaid

About the Entrepreneur

Name: Zar Mohammad Nazar Mohammad
Location: Kabul, Afghanistan
Activity: Clothing Sales

About the Loan

Loan Amount: $1,075.00
Loan Use: To import more Indian and Afghan clothes
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 25, 2008
Date Disbursed: Oct 9, 2008
Date Funded:Sep 25, 2008

About the Country

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



Zar Mohammad is 52 years old; he is married, with 5 children. He has a clothing sales shop in a good area of Kabul, where he has worked for more than 5 years. He loves to maintain his business to help his family.

Now Zar Mohammad is requesting an individual loan of 50,000 Afghans ($1075), for the term of 18 months, to import more Indian and Afghan clothes to sell in his shop. This will allow him to attract more clients and make a good monthly income to help his family and create a bright future.

He is happy with the loan process in Afghanistan. He would like to thank lenders and Kiva for the opportunity to be more successful in his business.

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Journal entries for Zar Mohammad Nazar Mohammad


Loan has been disbursed
 
Entrepreneur: Zar Mohammad Nazar Mohammad
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Zar Mohammad Nazar Mohammad 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 27, 2008
Comment on this entry

zar mohammad after the loan
 
Entrepreneur: Zar Mohammad Nazar Mohammad
Location: Kabul, Afghanistan

Zar mohammad the 52 years old man who works in clothing shop wants to inform about his business he said in 5 years I worked hard but I couldn’t found any chance to improve my business but I have to say after this loan lots of changes come to my business now day by day I am increasing and I don’t have any problem I can containing my business with more success it is a great process of loan in Afghanistan and I will try my best to be a good client for kiva and AFSG in the future at end he would like to thank lenders around the world.


Posted by Tawfeq Khurush from Kabul, Afghanistan
Nov 23, 2008
Comments (1)

Kiva Help Repayment Schedule for Zar Mohammad Nazar Mohammad

  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