Ali Mahmoud


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

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

About the Loan

Loan Amount: $1,200.00
Loan Use: Buy new material for his car mechanics workshop
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 3, 2007
Date Disbursed: Nov 19, 2007
Date Funded:Nov 5, 2007
Loan Ended:Mar 15, 2009

About the Country

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



Ali is a 42 year old car mechanic. He lives with his wife and their 3 children in the Bekaa. The business expansion is a priority to Hussein because he wants to protect his family from any financial needs they may come across. He is very confident in the potential of his business. This is the 4th loan Hussein is taking from Al Majmoua and he has always been very reliable especially with the faith he carries in his business development.

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Journal entries for Ali Mahmoud


Loan has been disbursed
 
Entrepreneur: Ali Mahmoud
Location: Bekaa, Lebanon

Thank you for your loan. It has been disbursed to Ali Mahmoud Idriss by Al Majmoua- Lebanese Association for Dev in Lebanon. We are excited to watch this business grow. Over the next 12 - 18 months, Al Majmoua- Lebanese Association for Dev will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Bekaa, Lebanon
Nov 19, 2007
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update about Ali
 
Entrepreneur: Ali Mahmoud
Location: Bekaa, Lebanon

Ali has been working with Al Majmoua for nearly 15 years now. In the village of Al Ain in Lebanon’s Bekaa Valley, Ali owns a automobile repair shop along with his two brothers, and Ali explained to us that the loans from Al Majmoua have allowed him to continually restock his supply of auto parts. Ali has operated his garage with his brothers for 30 years now, and says that they have been so successful because everyone in the town trusts the quality of their work. Ali’s last loan, disbursed by Al Majmoua and supported by Kiva lenders like you, is almost completely repaid, and he plans on taking out a new loan upon its repayment. In addition to expanding his stock, the loan also helped to pay for the school fees for Ali’s children, and gas to heat his house during the winter. Two of his four children still live with Ali and his wife, his daughter is married, and his son works in the Lebanese army. Ali is grateful for the opportunity provided him by Al Majmoua and Kiva.

To continue funding Lebanese entrepreneurs like Ali, please visit the following link:

Al Majmoua currently funding loans


Posted by Joseph Emru from Bekaa, Lebanon
Nov 4, 2008
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Kiva Help Repayment Schedule for Ali Mahmoud

  Expected Repayments Actual Repayments Comments
February 2008 $100.00 $100.00 Repayment Received
March 2008 $100.00 $100.00 Repayment Received
April 2008 $100.00 $100.00 Repayment Received
May 2008 $100.00 $100.00 Repayment Received
June 2008 $100.00 $100.00 Repayment Received
July 2008 $100.00 $100.00 Repayment Received
August 2008 $100.00 $100.00 Repayment Received
September 2008 $100.00 $100.00 Repayment Received
October 2008 $100.00 $100.00 Repayment Received
November 2008 $100.00 $100.00 Repayment Received
December 2008 $100.00 $100.00 Repayment Received
January 2009 $100.00 $0.00 Repayment Received
April 2009 $0.00 $100.00