Thursday, January 1, 2009

Matt makes a new loan

Matt made a new loan to Nader Khan of Afghanistan.

Nander has worked as a farmer for the last several years in his village. His children go to school and he is the sole breadwinner for his family. Nader grows different kinds of vegetables on his land and sells them in the central market of the city. Besides their schooling, his sons help him on the farm but Nader doesn’t allow them spend to much time working the farm, as he wants them to do well in school and pursue a bright future. Nader Khan has decided to purchase a water pump and increase his livestock. He knows that this business is quite profitable in his area. There are a lot of grasslands in his village and he would be able to provide sufficient food for the stock. He believes that with the purchase of a water pump he could sell water to other farmers in his village. Nader Khan also wants to expand his business, buying more livestock and start a livestock selling business in future.

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