Mehdi
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: | Mehdi |
|---|---|
| Location: | Bekaa, Lebanon |
| Activity: | Food |
About the Loan
| Loan Amount: | $1,500.00 |
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| Loan Use: | Mehdi will use the loan to purchase merchandise and raw materials for his shop. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Jun 1, 2009 |
| Date Disbursed: | May 19, 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) |
Mehdi is a 35 year old man who lives in the Bekaa with his wife and their four children. Mehdi has owned a sweet shop for a year. He does Lebanese sweets. Mehdi requested a loan of 1500 US dollars from Al Majmoua in order to purchase merchandise and raw materials for his shop. This is the first time that Mehdi has requested a loan.
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.
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 Mehdi
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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 Mehdi
Repayment Schedule for Mehdi
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $125.00 | $125.00 |  Repayment Received
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| September 2009 | $125.00 | $125.00 | Repayment Received
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| October 2009 | $125.00 | $125.00 | Repayment Received
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| November 2009 | $125.00 | $125.00 | Repayment Received
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| December 2009 | $125.00 | $125.00 | Repayment Received
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| 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 | |||
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