Ahmad


Status: Paying Back

$1,500.00   Loan Amount
41% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Ahmad
Location: Bekaa, Lebanon
Activity: Barber Shop

About the Loan

Loan Amount: $1,500.00
Loan Use: To decorate his salon.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 1, 2009
Date Disbursed: May 5, 2009
Date Funded:Jul 18, 2009

About the Country

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



Ahmad is a 25-year-old man who lives in the Bekaa region. Ahmad has owned a barber shop for a year. Ahmad has requested a loan of $1,500 from Al Majmoua so as to decorate his salon. This is the first time that Ahmad has requested a loan.


Ahmad sees himself as special in his business because he knows how to treat his clients and because he is aware of new hairstyles. His clients are his friends and neighbors. Ahmad began his business because he had prior experience. In the future, he plans on improving his business.


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Journal entries for Ahmad


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

Thank you for your loan. It has been disbursed to Ahmad 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 19, 2009
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Kiva Help Repayment Schedule for Ahmad

  Expected Repayments Actual Repayments Comments
September 2009 $250.00 $250.00 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  
July 2010 $125.00 Available Jul 1