Mhammad


Status: Paying Back

$1,000.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Mhammad
Location: Borj Barajneh, Lebanon
Activity: Beauty Salon

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase beauty products and continue his shop décor arrangements
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 9, 2009
Date Disbursed: Oct 13, 2009
Date Funded:Oct 19, 2009

About the Country

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



Mhammad owns a hairdressing salon for women and men. He is a 26-year-old man who lives in Bourj El Barajneh, southern suburbs of Lebanon, with his wife and their child. Mhammad knows how to treat his clients, who are his friends, neighbors and others. He didn’t face difficulties starting his business. He decided on this work to use his experience and because he wanted to work independently.


Mhammad has requested a loan from Al Majmoua in order to purchase beauty products and continue his shop décor arrangements. This is the first time that Mhammad has requested a loan. In the future, he plans on improving his business.



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Journal entries for Mhammad


Loan has been disbursed
 
Entrepreneur: Mhammad
Location: Borj Barajneh, Lebanon

Thank you for your loan. It has been disbursed to Mhammad 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 Borj Barajneh, Lebanon
Oct 20, 2009
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Kiva Help Repayment Schedule for Mhammad

  Expected Repayments Actual Repayments Comments
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 $83.33 Available Nov 1  
December 2010 $83.37 Available Dec 1