Mohammad
Status: Paid Back
| $3,000.00 | Loan Request | |
|---|---|---|
| $3,000.00 | Paid Back |
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Mohammad |
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| Location: | Hasbaya, Lebanon |
| Activity: | Auto Repair |
About the Loan
| Loan Amount: | $3,000.00 |
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| Loan Use: | Mohammad will use the loan to purchase tools, paint, painting products and a new machine for his work. |
| Repayment Term: | 20 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Jul 1, 2009 |
| Date Disbursed: | May 8, 2009 |
| Date Funded: | Jul 25, 2009 |
| Loan Ended: | Sep 15, 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) |
Mohammad is a 45-year-old man who lives in Bint Jbeil, southern Lebanon with his wife and their nine children. Mohammad has been working as a car painter since 2001. He requested a loan of 3000 US dollars from Al Majmoua, Kiva's partner, in order to purchase tools, paint, painting products and a new machine for his work. This is his fourth cycle and he has always paid on time.
His previous loan helped him improve his work. Mohammad is special in his work because he does it well. His clients can be anybody from his region. When he first started his business, he didn’t have the startup capital, and his location was also poor. Mohammad decided on doing his business because of his experience. In the future, he plans on expanding his business by acquiring a painting oven.
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Journal entries for Mohammad
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Loan has been disbursed
Location: Hasbaya, Lebanon
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Posted by
from Hasbaya, Lebanon
Jul 26, 2009 |
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Comment on this entry
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Repayment Schedule for Mohammad
Repayment Schedule for Mohammad
| Expected Repayments | Actual Repayments | Comments | |||
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| September 2009 | $333.34 | $668.00 |  Repayment Received
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| October 2009 | $166.67 | $2,332.00 | Repayment Received
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| November 2009 | $166.67 | $0.00 | Repayment Received
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| December 2009 | $166.67 | Available Dec 1 | Repayment Received
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| January 2010 | $166.67 | Available Jan 1 | Repayment Received
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| February 2010 | $166.67 | Available Feb 1 | Repayment Received
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| March 2010 | $166.67 | Available Mar 1 | Repayment Received
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| April 2010 | $166.67 | Available Apr 1 | Repayment Received
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| May 2010 | $166.67 | Available May 1 | Repayment Received
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| June 2010 | $166.67 | Available Jun 1 | Repayment Received
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| July 2010 | $166.67 | Available Jul 1 | Repayment Received
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| August 2010 | $166.67 | Available Aug 1 | Repayment Received
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| September 2010 | $166.67 | Available Sep 1 | Repayment Received
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| October 2010 | $166.67 | Available Oct 1 | Repayment Received
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| November 2010 | $166.67 | Available Nov 1 | Repayment Received
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| December 2010 | $166.67 | Available Dec 1 | Repayment Received
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| January 2011 | $166.61 | Available Jan 1 | Repayment Received
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