Mouhamad
Status: Paying Back
| $2,200.00 | Loan Amount |
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16% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Mouhamad |
|---|---|
| Location: | Beirut, Lebanon |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $2,200.00 |
|---|---|
| Loan Use: | To purchase merchandise and change his decor. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Aug 19, 2009 |
| Date Disbursed: | Aug 18, 2009 |
| Date Funded: | Aug 30, 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: | 1786 |
| Total Loans: | $1,860,200 |
| Delinquency Rate: | 0.74% |
| 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) |
Mouhamad is a 58-year-old man who lives in Beirut, the capital of Lebanon, with his wife and their three children. Mouhamad owns a grocery store. He has requested a loan of $2200 US dollars from Al Majmoua to purchase merchandise and change his decor. This is his second loan and he has always paid on time.
His previous loans helped him to diversify his merchandise. Mouhamad is special in his work because he offers a large variety of products. His clients are his friends and neighbors. When Mouhamad first started his business, he had financial issues. He decided to start his business because of his experience. In the future, he plans to expand his store.
His previous loans helped him to diversify his merchandise. Mouhamad is special in his work because he offers a large variety of products. His clients are his friends and neighbors. When Mouhamad first started his business, he had financial issues. He decided to start his business because of his experience. In the future, he plans to expand his store.
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Journal entries for Mouhamad
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Loan has been disbursed
Location: Beirut, Lebanon
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Posted by
from Beirut, Lebanon
Aug 31, 2009 |
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Comment on this entry
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Repayment Schedule for Mouhamad
Repayment Schedule for Mouhamad
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $183.33 | $176.00 |  Repayment Received
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| December 2009 | $183.33 | $184.00 | |||
| January 2010 | $183.33 | Available Jan 1 | |||
| February 2010 | $183.33 | Available Feb 1 | |||
| March 2010 | $183.33 | Available Mar 1 | |||
| April 2010 | $183.33 | Available Apr 1 | |||
| May 2010 | $183.33 | Available May 1 | |||
| June 2010 | $183.33 | Available Jun 1 | |||
| July 2010 | $183.33 | Available Jul 1 | |||
| August 2010 | $183.33 | Available Aug 1 | |||
| September 2010 | $183.33 | Available Sep 1 | |||
| October 2010 | $183.37 | Available Oct 1 | |||
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