Mahmoud
Status: Paying Back
| $2,000.00 | Loan Amount |
|---|
8% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Mahmoud |
|---|---|
| Location: | Beirut, Lebanon |
| Activity: | Mobile Phones |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | To purchase used mobile phones, recharge cards and accessories for his work |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Sep 10, 2009 |
| Date Disbursed: | Sep 14, 2009 |
| Date Funded: | Oct 10, 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: | 1782 |
| Total Loans: | $1,852,500 |
| 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) |
Mahmoud is a 22-year-old man who lives in Beirut, the capital of Lebanon. Mahmoud has owned a mobile phone shop for over a year. He has owned a mobile phone, accessories and mobile recharge cards and repairs mobile phones. He requested a loan of 2000 US dollars from Al Majmoua in order to purchase used mobile phones, recharge cards and accessories for his work. This is the first time that Mahmoud has requested a loan.
Mahmoud is special in his work because of his good reputation and competitive prices. His clients are his friends and neighbors. When Mahmoud first started his business, he had financial issues, but those ended 6 months after he opened his shop. He decided on doing his business because of his experience in IT and mobile phones. In the future, he plans on expanding by opening a second mobile phone shop.
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Journal entries for Mahmoud
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Loan has been disbursed
Location: Beirut, Lebanon
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Posted by
from Beirut, Lebanon
Oct 11, 2009 |
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Comment on this entry
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Repayment Schedule for Mahmoud
Repayment Schedule for Mahmoud
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $166.67 | $174.00 |  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 | $166.67 | Available Aug 1 | |||
| September 2010 | $166.67 | Available Sep 1 | |||
| October 2010 | $166.67 | Available Oct 1 | |||
| November 2010 | $166.63 | Available Nov 1 | |||
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