Ahmad


Status: Paying Back

$1,000.00   Loan Amount
8% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Ahmad
Location: Beirut, Lebanon
Activity: Auto Repair

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase tools and spare parts for his work.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 22, 2009
Date Disbursed: Sep 14, 2009
Date Funded:Sep 28, 2009

About the Country

Country:Lebanon
Avg Annual Income:$5,900.00
Currency:United States Dollars (USD)



Ahmad is a 26 year old man who lives in Beirut, capital of Lebanon. Ahmad has been working as a motorcycle repairer since 2003. He requested a loan from Al Majmoua in order to purchase tools and spare parts for his work. This is the first time that Ahmad has requested a loan.
Ahmad is special in his work because he does it well. His clients are his friends and neighbors. When Ahmad first started his business, he had financial issues. He decided on doing his business because of his experience, as well as he wanted to have an independent work. In the future, he plans on expanding.


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Journal entries for Ahmad


Loan has been disbursed
 
Entrepreneur: Ahmad
Location: Beirut, Lebanon

Thank you for your loan. It has been disbursed to Ahmad by Al Majmoua Lebanese Association for Development in Lebanon. We are excited to watch this business grow. Over the 12 months of this loan, Al Majmoua Lebanese Association for Development will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Beirut, Lebanon
Sep 29, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ahmad

  Expected Repayments Actual Repayments Comments
December 2009 $83.33 $87.00 Repayment Received
January 2010 $83.33 Available Jan 1  
February 2010 $83.33 Available Feb 1  
March 2010 $83.33 Available Mar 1  
April 2010 $83.33 Available Apr 1  
May 2010 $83.33 Available May 1  
June 2010 $83.33 Available Jun 1  
July 2010 $83.33 Available Jul 1  
August 2010 $83.33 Available Aug 1  
September 2010 $83.33 Available Sep 1  
October 2010 $83.33 Available Oct 1  
November 2010 $83.37 Available Nov 1