Ahmad Zaki Abdul Majeed


Status: Paying Back

$650.00   Loan Amount
75% repaid

About the Entrepreneur

Name: Ahmad Zaki Abdul Majeed
Location: Kabul, Afghanistan
Activity: Vehicle Repairs

About the Loan

Loan Amount: $650.00
Loan Use: To expand his car business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Feb 1, 2009
Date Disbursed: Jan 27, 2009
Date Funded:Feb 1, 2009

About the Country

Country:Afghanistan
Avg Annual Income:$1,490.00
Currency:Afghanistan Afghanis (AFN)
Exchange Rate:46.8408 AFN = 1 USD



Ahmad Zaki is the son of Abdul Majeed and lives in Kabul, Afghanistan. He is married and has two children. He is a hard-working man who is confident that he can work well.


He has a shop in which he sells car parts and oil for cars. He wants to take out an individual loan of 30000 Afghani for a term of 12 months to purchase additional materials to expand his business. He hopes to be a good businessman in the future to support the family and his society. He is very happy about this loan program.


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Journal entries for Ahmad Zaki Abdul Majeed


Loan has been disbursed
 
Entrepreneur: Ahmad Zaki Abdul Majeed
Location: Kabul, Afghanistan

Thank you for your loan. It has been disbursed to Ahmad Zaki Abdul Majeed 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 12 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 Kabul, Afghanistan
Feb 2, 2009
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Ahamd Zaki after the loan
 
Entrepreneur: Ahmad Zaki Abdul Majeed
Location: Kabul, Afghanistan

After the loan Ahmad Zaki could progress well. He could buy additional tires and the other required materials. Now he knows how to work hard. His monthly income increases day by day and he is able to support his family members as well. He would like to thank Kiva lenders a lot.


Posted by rashed faqriy from Kabul, Afghanistan
Apr 25, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ahmad Zaki Abdul Majeed

  Expected Repayments Actual Repayments Comments
April 2009 $54.17 $54.17 Repayment Received
May 2009 $54.17 $54.17 Repayment Received
June 2009 $54.17 $54.16 Repayment Received
July 2009 $54.17 $54.17 Repayment Received
August 2009 $54.17 $54.17 Repayment Received
September 2009 $54.17 $54.18 Repayment Received
October 2009 $54.17 $54.17 Repayment Received
November 2009 $54.17 $54.17 Repayment Received
December 2009 $54.17 $54.17 Repayment Received
January 2010 $54.17 Available Jan 1  
February 2010 $54.17 Available Feb 1  
March 2010 $54.13 Available Mar 1