Mouhamad


Status: Paying Back

$1,500.00   Loan Amount
50% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Mouhamad
Location: Nabatieh, Lebanon
Activity: Services

About the Loan

Loan Amount: $1,500.00
Loan Use: Mouhamad will use the loan 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 14, 2009
Date Funded:May 17, 2009

About the Country

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



Mouhamad is a 28-year-old man who lives in Nabatieh, in southern Lebanon. Mouhamad has been working as a house painter for eight years. Mouhamad requested a loan of 1500 US dollars from Al Majmoua, Kiva's partner, in order to purchase tools for his business. This is the first time that Mouhamad has requested a loan.


Mouhamad 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. Mouhamad decided on doing his business because he wanted to have independent work. In the future, he plans on expanding and improving his business.


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Journal entries for Mouhamad


Loan has been disbursed
 
Entrepreneur: Mouhamad
Location: Nabatieh, Lebanon

Thank you for your loan. It has been disbursed to Mouhamad 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 Nabatieh, Lebanon
May 17, 2009
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Kiva Help Repayment Schedule for Mouhamad

  Expected Repayments Actual Repayments Comments
July 2009 $125.00 $125.00 Repayment Received
August 2009 $125.00 $125.00 Repayment Received
September 2009 $125.00 $125.00 Repayment Received
October 2009 $125.00 $125.00 Repayment Received
November 2009 $125.00 $125.00 Repayment Received
December 2009 $125.00 $125.00 Repayment Received
January 2010 $125.00 Available Jan 1  
February 2010 $125.00 Available Feb 1  
March 2010 $125.00 Available Mar 1  
April 2010 $125.00 Available Apr 1  
May 2010 $125.00 Available May 1  
June 2010 $125.00 Available Jun 1