Ahmad
Status: Paying Back
| $2,500.00 | Loan Amount |
|---|
8% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Ahmad |
|---|---|
| Location: | Saida - South, Lebanon |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $2,500.00 |
|---|---|
| Loan Use: | To purchase merchandise for his store and do some maintenance work on his pick-up |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Sep 2, 2009 |
| Date Disbursed: | Sep 14, 2009 |
| Date Funded: | Sep 30, 2009 |
About the Field Partner
About the Field Partner
|
|
| 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) |
Ahmad is a 49-year-old man who lives in Saida, southern Lebanon, with his wife and four children. He has owned a pick-up and a grocery store for 13 years, and is successful because he is hard-working. His clients are family members, friends and neighbors. Ahmad set up his businesses because he wanted to improve his family’s income. When he first started out, he didn’t have a lot of cash.
Ahmad has requested a loan of $2,500 USD from Kiva partner, Al Majmoua, in order to purchase merchandise for his store and do some maintenance work on his pick-up. This is his third loan cycle and he has always paid on time. In the future, Ahmad plans on expanding his businesses.
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Journal entries for Ahmad
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Loan has been disbursed
Location: Saida - South, Lebanon
|
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Posted by
from Saida - South, Lebanon
Oct 1, 2009 |
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Comments (1)
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Repayment Schedule for Ahmad
Repayment Schedule for Ahmad
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $208.33 | $212.00 |  Repayment Received
|
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| January 2010 | $208.33 | Available Jan 1 | |||
| February 2010 | $208.33 | Available Feb 1 | |||
| March 2010 | $208.33 | Available Mar 1 | |||
| April 2010 | $208.33 | Available Apr 1 | |||
| May 2010 | $208.33 | Available May 1 | |||
| June 2010 | $208.33 | Available Jun 1 | |||
| July 2010 | $208.33 | Available Jul 1 | |||
| August 2010 | $208.33 | Available Aug 1 | |||
| September 2010 | $208.33 | Available Sep 1 | |||
| October 2010 | $208.33 | Available Oct 1 | |||
| November 2010 | $208.37 | Available Nov 1 | |||
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