Mhamad
Status: Paying Back
| $3,000.00 | Loan Amount |
|---|
50% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Mhamad |
|---|---|
| Location: | Saida - South, Lebanon |
| Activity: | Farming |
About the Loan
| Loan Amount: | $3,000.00 |
|---|---|
| Loan Use: | To purchase food for his animals and tools for his work. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | May 1, 2009 |
| Date Disbursed: | Apr 6, 2009 |
| Date Funded: | May 18, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Al Majmoua Lebanese Association for Development |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 1782 |
| Total Loans: | $1,852,500 |
| Delinquency Rate: | 0.75% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Lebanon |
|---|---|
| Avg Annual Income: | $5,900.00 |
| Currency: | United States Dollars (USD) |
Mhamad is a 29-year-old man who lives in Saida, southern Lebanon with his wife. Mhamad has been working as a farmer for ten years. He produces milk and cheese. Mhamad requested a loan of 3000 US dollars from Al Majmoua in order to purchase food for his animals and tools for his work. This is his third cycle and he has always paid on time.
His previous loans helped him improve his work. His clients are traders. Mhamad decided on doing his work because he learned it when he was young. In the future, he plans on expanding his cattle in order to increase his production.
His previous loans helped him improve his work. His clients are traders. Mhamad decided on doing his work because he learned it when he was young. In the future, he plans on expanding his cattle in order to increase his production.
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Journal entries for Mhamad
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Loan has been disbursed
Location: Saida - South, Lebanon
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Posted by
from Saida - South, Lebanon
May 19, 2009 |
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Comments (1)
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Repayment Schedule for Mhamad
Repayment Schedule for Mhamad
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $250.00 | $250.00 |  Repayment Received
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| August 2009 | $250.00 | $250.00 | Repayment Received
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| September 2009 | $250.00 | $250.00 | Repayment Received
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| October 2009 | $250.00 | $250.00 | Repayment Received
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| November 2009 | $250.00 | $250.00 | Repayment Received
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| December 2009 | $250.00 | $250.00 | Repayment Received
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| January 2010 | $250.00 | Available Jan 1 | |||
| February 2010 | $250.00 | Available Feb 1 | |||
| March 2010 | $250.00 | Available Mar 1 | |||
| April 2010 | $250.00 | Available Apr 1 | |||
| May 2010 | $250.00 | Available May 1 | |||
| June 2010 | $250.00 | Available Jun 1 | |||
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