Mahida


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: Mahida
Location: Bekaa, Lebanon
Activity: Clothing

About the Loan

Loan Amount: $1,500.00
Loan Use: To purchase merchandise for her clothes business.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 1, 2009
Date Disbursed: Apr 14, 2009
Date Funded:Jul 9, 2009

About the Country

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



Mahida is a 45-year-old woman who lives in the Bekaa region with her husband and their eight children. Mahida has been selling clothes from her house since 2002. Mahida has requested a loan of $1,500 from Al Majmoua in order to purchase merchandise for her business. This is her third loan cycle and she has always paid on time.


Mahida feels that she is special in her business because she knows how to treat her clients and because she sells nice clothes. Her clients are her friends and neighbors. Mahida decided on beginning her business because she wants to supplement her family’s income. In the future, she plans on expanding her business by purchasing a shop.


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Journal entries for Mahida


Loan has been disbursed
 
Entrepreneur: Mahida
Location: Bekaa, Lebanon

Thank you for your loan. It has been disbursed to Mahida 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 Bekaa, Lebanon
Jul 10, 2009
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Kiva Help Repayment Schedule for Mahida

  Expected Repayments Actual Repayments Comments
September 2009 $375.00 $375.00 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