Mahmmoud


Status: Paying Back

$800.00   Loan Amount
9% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $800.00
Loan Use: To purchase paint for his work.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 15, 2009
Date Disbursed: Sep 18, 2009
Date Funded:Oct 15, 2009

About the Country

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



Mahmmoud is a 38-year-old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon, with his wife and their five children. Mahmmoud has been working as a furniture and house painter. Mahmmoud is special in his work because his is trustful in his work. His clients are people from and outside his region.



When he first started his business, he didn’t face difficulties. He decided on doing his business because of his experience, as well as because he wanted to have an independent job, but most importantly because he likes what he does.



Mahmmoud requested a loan from Al Majmoua in order to purchase paint for his work. This is his second loan cycle and he has repaid on time. In the future, he plans on further improving his business.


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Journal entries for Mahmmoud


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

Thank you for your loan. It has been disbursed to Mahmmoud 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 16, 2009
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Kiva Help Repayment Schedule for Mahmmoud

  Expected Repayments Actual Repayments Comments
December 2009 $66.67 $76.00 Repayment Received
January 2010 $66.67 Available Jan 1  
February 2010 $66.67 Available Feb 1  
March 2010 $66.67 Available Mar 1  
April 2010 $66.67 Available Apr 1  
May 2010 $66.67 Available May 1  
June 2010 $66.67 Available Jun 1  
July 2010 $66.67 Available Jul 1  
August 2010 $66.67 Available Aug 1  
September 2010 $66.67 Available Sep 1  
October 2010 $66.67 Available Oct 1  
November 2010 $66.63 Available Nov 1