Ahmad
Status: Paying Back
| $2,000.00 | Loan Amount |
|---|
50% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Ahmad |
|---|---|
| Location: | Saida - South, Lebanon |
| Activity: | Furniture Making |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | Ahmad will use the loan to purchase merchandise 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 20, 2009 |
| Date Funded: | May 8, 2009 |
About the Field Partner
About the Field Partner
|
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| Field Partner: | Al Majmoua Lebanese Association for Development |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 1783 |
| Total Loans: | $1,855,000 |
| 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) |
Ahmad is a 22-year-old man who lives in Saida, in southern Lebanon. Ahmad has been working as a furniture sewer since 2002. Ahmad requested a loan of 2000 US dollars from Al Majmoua, Kiva's partner, in order to purchase merchandise for his work. This is the first time that Ahmad has requested a loan.
Ahmad is special in his work because he does it well and knows how to treat his clients. His clients can be anybody from his region. When he first started his business, he had to face competition and he didn’t have a lot of clients. Ahmad decided on doing his business because of his experience. In the future, he plans on expanding his business by purchasing a new and bigger sewing machine.
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Journal entries for Ahmad
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Loan has been disbursed
Location: Saida - South, Lebanon
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Posted by
from Saida - South, Lebanon
May 9, 2009 |
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Comment on this entry
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Repayment Schedule for Ahmad
Repayment Schedule for Ahmad
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $166.67 | $167.00 |  Repayment Received
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| August 2009 | $166.67 | $173.00 | Repayment Received
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| September 2009 | $166.67 | $166.00 | Repayment Received
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| October 2009 | $166.67 | $166.00 | Repayment Received
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| November 2009 | $166.67 | $166.00 | Repayment Received
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| December 2009 | $166.67 | $166.00 | Repayment Received
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| January 2010 | $166.67 | Available Jan 1 | |||
| February 2010 | $166.67 | Available Feb 1 | |||
| March 2010 | $166.67 | Available Mar 1 | |||
| April 2010 | $166.67 | Available Apr 1 | |||
| May 2010 | $166.67 | Available May 1 | |||
| June 2010 | $166.63 | Available Jun 1 | |||
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