Mohamad
Status: Paying Back
| $1,200.00 | Loan Amount |
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33% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Mohamad |
|---|---|
| Location: | Bekaa, Lebanon |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $1,200.00 |
|---|---|
| Loan Use: | Mohamad will use the loan to purchase merchandise for his store. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Jun 1, 2009 |
| Date Disbursed: | May 18, 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) |
Mohamad is a 29 year old man who lives in the Bekaa with his wife. Mohamad has owned a grocery store since 1999. Mohamad requested a loan of 1200 US dollars from Al Majmoua in order to purchase merchandise for his store. This is the first time that Mohamad has requested a loan.
Mohamad is special in his work because he knows how to treat his clients. 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 financial situation. In the future, he plans on expanding his work.
Mohamad is special in his work because he knows how to treat his clients. 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 financial situation. In the future, he plans on expanding his work.
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Journal entries for Mohamad
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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 Mohamad
Repayment Schedule for Mohamad
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $100.00 | $100.00 |  Repayment Received
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| September 2009 | $100.00 | $0.00 | Repayment Received
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| October 2009 | $100.00 | $100.00 | Repayment Received
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| November 2009 | $100.00 | $100.00 | Repayment Received
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| December 2009 | $100.00 | $100.00 | |||
| January 2010 | $100.00 | Available Jan 1 | |||
| February 2010 | $100.00 | Available Feb 1 | |||
| March 2010 | $100.00 | Available Mar 1 | |||
| April 2010 | $100.00 | Available Apr 1 | |||
| May 2010 | $100.00 | Available May 1 | |||
| June 2010 | $100.00 | Available Jun 1 | |||
| July 2010 | $100.00 | Available Jul 1 | |||
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