Mhamad
Status: Paying Back
| $2,000.00 | Loan Amount |
|---|
33% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Mhamad |
|---|---|
| Location: | Bekaa, Lebanon |
| Activity: | Butcher Shop |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | Mhamad will use the loan to purchase a new refrigerator and change the décor of his shop. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Jun 1, 2009 |
| Date Disbursed: | Jun 4, 2009 |
| Date Funded: | Jun 22, 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) |
Mhamad is a 52 year old man who lives in the Bekaa with his wife and their three children. Mhamad has owned a butcher shop. Mhamad requested a loan of 2000 US dollars from Al Majmoua in order to purchase a new refrigerator and change the décor of his shop. This is his fourth cycle and he has always on time.
His previous loans helped him improve his work. Mhamad is special in his work because he does it well and is clean in his work. His clients are his friends and neighbors. When he first started his business, he didn’t face difficulties. He decided on doing his business because of his experience, as well as he likes it. In the future, he plans on expanding his business.
His previous loans helped him improve his work. Mhamad is special in his work because he does it well and is clean in his work. His clients are his friends and neighbors. When he first started his business, he didn’t face difficulties. He decided on doing his business because of his experience, as well as he likes it. In the future, he plans on expanding his business.
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Journal entries for Mhamad
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Loan has been disbursed
Location: Bekaa, Lebanon
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Posted by
from Bekaa, Lebanon
Jun 23, 2009 |
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Comment on this entry
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Repayment Schedule for Mhamad
Repayment Schedule for Mhamad
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $0.00 | $174.00 | |||
| September 2009 | $166.67 | $0.00 |  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 | $166.67 | Available Jun 1 | |||
| July 2010 | $166.67 | Available Jul 1 | |||
| August 2010 | $166.63 | Available Aug 1 | |||
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