Mohammad Akbar Shir Afgan

Status: Paid Back

$425.00		Loan Request
$425.00		Paid Back

About the Entrepreneur

Name:	Mohammad Akbar Shir Afgan
Location:	Kabul, Afghanistan
Activity:	Catering

About the Loan

Loan Amount:	$425.00
Loan Use:	Buying dishes, spoons, forks, etc.
Repayment Term:	11 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Apr 16, 2007
Date Disbursed:	May 1, 2007
Date Funded:	Apr 17, 2007
Loan Ended:	Dec 30, 2007

About the Field Partner

Field Partner:

Ariana Financial Services Joint Stock Company (AFS), a partner of Mercy Corps

Field Partner Risk Rating:

(Learn more)

Active

34 months

2366

$1,054,875

0.00%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Afghanistan
Avg Annual Income:	$1,490.00
Currency:	United States Dollars (USD)

Mohammad Akbar is 45 years old and lives in district 8 of Kabul, the capital of Afghanistan. He has a catering shop and needs a loan because his shop doesn’t have enough dishes, forks, spoons, etc. He has completed 3 loan cycles with AFSG and now wants to start a 4th cycle. Before taking loans he shared a business with his friend, but it was difficult for them to earn enough income to fulfill both their needs. Therefore, they decided that one of them should keep the shop, and Mohammad Akbar agreed to take it. It was very difficult for him at the beginning to manage the shop, but after taking loans he has developed his business step by step. Now, with more money, he wants to expand it even further.

Lenders to this entrepreneur

Anonymous
Troy, MI
United States

Emily's Family
Santa Barbara, CA
United States

Sinan
85521,

Ralph Liberty
Albany, NY
United States

Patrice
Brussels,
Belgium

Steve
Austin, TX
United States

azmukiff
Subang Jaya, Selangor
Malaysia

aaron
w. carrollton, OH
United States

Carolyn, Jenny, John
St. Louis, MO
United States

Don & Janet
East Greenbush, NY
United States

El Peso Nuestro
Ciudad Juarez, Chihuahua
Mexico

Tom
San Francisco, California
United States

Journal entries for Mohammad Akbar Shir Afgan

Loan has been disbursed Entrepreneur: Mohammad Akbar Shir Afgan Location: Kabul, Afghanistan Thank you for your loan. It has been disbursed to Mohammad Akbar Shir Afgan by Ariana Financial Services - Mercy Corps in Afghanistan. We are excited to watch this business grow. Over the next 8 - 12 months, Ariana Financial Services - Mercy Corps will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by Storai Sadat from Kabul, Afghanistan Apr 30, 2007
Comment on this entry

Mohammad Akbar after the loan Entrepreneur: Mohammad Akbar Shir Afgan Location: Kabul, Afghanistan Mohammad Akbar who is 45 years old lives in Kabul city. He has received a loan for his catering shop to expand his business. After the loan he could buy more dishes and the other required materials of his shop. Now he is very glad about the progress of his shop because he has many new clients and good income through which he can support himself and his family in a good way. He thanks Kiva a lot.
Posted by Roya Omari from Kabul, Afghanistan Jan 4, 2009
Comment on this entry

Repayment Schedule for Mohammad Akbar Shir Afgan

Show Advanced

	Expected Repayments	Actual Repayments	Comments
July 2007	$0.00	$54.00
August 2007	$53.12	$54.00	Repayment Received
September 2007	$53.12	$54.00	Repayment Received
October 2007	$53.12	$54.00	Repayment Received
November 2007	$53.12	$54.00	Repayment Received
December 2007	$53.12	$54.00	Repayment Received
January 2008	$53.12	$0.00	Repayment Received
February 2008	$53.12	$101.00	Repayment Received
March 2008	$53.16	$0.00	Repayment Received