Maher


Status: Paying Back

$2,200.00   Loan Amount
49% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Maher
Location: Saida - South, Lebanon
Activity: Auto Repair

About the Loan

Loan Amount: $2,200.00
Loan Use: To purchase tools for his business.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 1, 2009
Date Disbursed: Apr 9, 2009
Date Funded:May 20, 2009

About the Country

Country:Lebanon
Avg Annual Income:$5,900.00
Currency:United States Dollars (USD)



Maher is a 45-year-old man who lives in Saida, southern Lebanon with his wife and their four children. Maher has been working as a car painter since 1983. Maher requested a loan of 2200 US dollars from Al Majmoua in order to purchase tools for his business. This is his third cycle and he has always paid on time.
His previous loans helped him improve his work as well as his financial situation. Maher is special in his work because he does it well. His clients are people from his region. When he first started his business, he had to face the competition. Maher decided on doing his business because he wanted to improve his financial situation as well as have independent work. In the future, he plans on expanding his business.


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Journal entries for Maher


Loan has been disbursed
 
Entrepreneur: Maher
Location: Saida - South, Lebanon

Thank you for your loan. It has been disbursed to Maher by Al Majmoua Lebanese Association for Development, a partner of Save the Children in Lebanon. We are excited to watch this business grow. Over the 12 months of this loan, Al Majmoua Lebanese Association for Development, a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Saida - South, Lebanon
May 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Maher

  Expected Repayments Actual Repayments Comments
July 2009 $183.33 $184.00 Repayment Received
August 2009 $183.33 $184.00 Repayment Received
September 2009 $183.33 $176.00 Repayment Received
October 2009 $183.33 $184.00 Repayment Received
November 2009 $183.33 $184.00 Repayment Received
December 2009 $183.33 $184.00  
January 2010 $183.33 Available Jan 1  
February 2010 $183.33 Available Feb 1  
March 2010 $183.33 Available Mar 1  
April 2010 $183.33 Available Apr 1  
May 2010 $183.33 Available May 1  
June 2010 $183.37 Available Jun 1