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: Borj Barajneh, Lebanon
Activity: Grocery Store

About the Loan

Loan Amount: $1,000.00
Loan Use: To urchase more goods for his mini market.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 12, 2009
Date Disbursed: Sep 14, 2009
Date Funded:Oct 30, 2009

About the Country

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



Ahmad is a 34 year old man who lives in Bourj El Barajneh, southern suburbs of Lebanon with his wife and their three children. Ahmad has owned a mini market for two years. He sells most kind of juices, biscuits, and other merchandises. He requested a loan from Al Majmoua in order to purchase more goods for his mini market. This is his first cycle and he has always paid on time.
His clients are his friends and people in the region. Ahmad decided on doing his business and in the future, he plans on expanding his work.


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Journal entries for Ahmad


Loan has been disbursed
 
Entrepreneur: Ahmad
Location: Borj Barajneh, 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 Borj Barajneh, Lebanon
Oct 31, 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