Jihad


Status: Paying Back

$1,000.00   Loan Amount
50% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase car batteries and spare parts for his garage
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 1, 2009
Date Disbursed: Apr 1, 2009
Date Funded:May 13, 2009

About the Country

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



Jihad is 29 years old and lives in Tyre, southern Lebanon, with his wife and their two children. He has been repairing cars for 13 years and went into this business because he wanted to have independence in his work. His customers are his friends, neighbors and other local people.


Jihad requested a loan of $1000 USD from Kiva partner, Al Majmoua, in order to purchase car batteries and spare parts for his garage. He has been a microcredit client for five years now and has always paid on time. His previous loans helped him improve his business, and in the future he plans on further improvements.


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Journal entries for Jihad


Loan has been disbursed
 
Entrepreneur: Jihad
Location: Tyre, South, Lebanon

Thank you for your loan. It has been disbursed to Jihad 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 Tyre, South, Lebanon
May 14, 2009
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Kiva Help Repayment Schedule for Jihad

  Expected Repayments Actual Repayments Comments
July 2009 $83.33 $84.00 Repayment Received
August 2009 $83.33 $84.00 Repayment Received
September 2009 $83.33 $84.00 Repayment Received
October 2009 $83.33 $84.00 Repayment Received
November 2009 $83.33 $84.00 Repayment Received
December 2009 $83.33 $84.00 Repayment Received
January 2010 $83.33 Available Jan 1  
February 2010 $83.33 Available Feb 1  
March 2010 $83.33 Available Mar 1  
April 2010 $83.33 Available Apr 1  
May 2010 $83.33 Available May 1  
June 2010 $83.37 Available Jun 1