Nordin Mohammad Ghoaz


Status: Paying Back

$1,050.00   Loan Amount
91% repaid

About the Entrepreneur

Name: Nordin Mohammad Ghoaz
Location: Kabul, Afghanistan
Activity: Farming

About the Loan

Loan Amount: $1,050.00
Loan Use: To buy new land and start growing
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Oct 23, 2008
Date Disbursed: Nov 6, 2008
Date Funded:Oct 23, 2008

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:47.7570 AFN = 1 USD



Nordin is an old man with lots of experience, though he is uneducated. He works in agriculture and has been involved in this business for more than 30 years, working with his family during this time. He has some land, but he would love to have more. To buy more land, he needs extra money. Therefore, he requested an individual loan of 50000 Afghani to buy new land and start growing.

He is a professional man and, from when he started his business, he always wanted to improve his business. In the town where he lives, when any of the agricultural men face any difficulties, they come and ask Nordin to help with their problems.

He is grateful for this loan process. He wants to say that it is his first loan and it is really great, especially for agriculture workers. He wants to continue his partnership and encourage other workers to use this loan service.


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Journal entries for Nordin Mohammad Ghoaz


Loan has been disbursed
 
Entrepreneur: Nordin Mohammad Ghoaz
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Nordin Mohammad Ghoaz by Ariana Financial Services Joint Stock Company, a partner of Mercy Corps in Afghanistan. We are excited to watch this business grow. Over the next 12 months, Ariana Financial Services Joint Stock Company, 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
Oct 26, 2008
Comment on this entry

Nordin after the loan
 
Entrepreneur: Nordin Mohammad Ghoaz
Location: Kabul, Afghanistan

Noudin wants to repay his loan on the time. He really great full for the loan because it help him to improve his business. All the farmers now become his customers because he can afford what the farmers needs. He got profit from the business and he had a plan to get a loan again when the farmers begin to plant again. All that he gets improved his family life and he said thank you so much for all the Lenders, Kiva and AFSG in Afghanistan


Posted by martaza nasire from Kabul, Afghanistan
Jan 12, 2009
Comment on this entry

Kiva Help Repayment Schedule for Nordin Mohammad Ghoaz

  Expected Repayments Actual Repayments Comments
February 2009 $87.50 $87.50 Repayment Received
March 2009 $87.50 $87.50 Repayment Received
April 2009 $87.50 $87.50 Repayment Received
May 2009 $87.50 $87.50 Repayment Received
June 2009 $87.50 $87.50 Repayment Received
July 2009 $87.50 $87.50 Repayment Received
August 2009 $87.50 $87.50 Repayment Received
September 2009 $87.50 $87.50 Repayment Received
October 2009 $87.50 $87.50 Repayment Received
November 2009 $87.50 $87.50 Repayment Received
December 2009 $87.50 $87.50 Repayment Received
January 2010 $87.50 Available Jan 1