Mohamad


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: Mohamad
Location: Saida - South, Lebanon
Activity: Grocery Store

About the Loan

Loan Amount: $1,200.00
Loan Use: Mohamad would like to buy more groceries and merchandise for his store.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 15, 2007
Date Disbursed: Dec 30, 2007
Date Funded:Dec 16, 2007
Loan Ended:Jan 15, 2009

About the Country

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



Mohamad is a 54 year old man who lives with his family in south Lebanon, in the region of Saida. Mohamad owns a store in which he sells vegetables and groceries. This is the 4th time Mohamad is asking for a loan from Al Majmoua. This time he needs $1200 to buy the necessary merchandise for the sustainability and development of his business.

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Lenders to this entrepreneur

Laurent D
Brussels,
Belgium

Nicola
Tumwater, WA
United States

Anonymous
Kamloops, British Columbia
Canada

Miracle Noodle Team
Santa Monica, CA
United States

Mike
Singapore, Singapore
Singapore

Faatima
Washington, DC
United States

Chester
Houston, TX
United States

Jack
Hunt Valley, MD
United States

Robert
Newport Beach, CA
United States

Joey
Los Angeles, CA
United States

CruiseCompete.com
Des Moines, IA
United States

Pete
Seattle, WA
United States

Sarah and James
Berkeley, CA
United States

Anonymous
Kingsville, TX
United States

Michael
Decatur, GA
United States

Nancy
Charlotte, NC
United States

Victoria
Louisville, KY
United States

Steven
Camarillo, CA
United States

Donall
Dublin 6,
Ireland

Anonymous

Singapore

Brian & Courtney
Orlando, FL
United States

Joshua
Alexandria, VA
United States

Stephen
Chiswick, London
United Kingdom

Newton North High School
Newton, MA
United States

Jack, Graham and Julie
Venice, CA
United States

Ron
Newtown Square, PA
United States

Art
Horsham, PA
United States

Amjad
stillwater, OK
United States

DavidD
Redmond, WA
United States

james
las vegas, NV
United States

Anonymous
Lake Geneva, WI
United States



Journal entries for Mohamad


Loan has been disbursed
 
Entrepreneur: Mohamad
Location: Saida - South, Lebanon

Thank you for your loan. It has been disbursed to Mohamad Kassem Al Khatib by Al Majmoua- Lebanese Association for Dev in Lebanon. We are excited to watch this business grow. Over the next 12 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 Saida - South, Lebanon
Dec 31, 2007
Comment on this entry

Business Development for Mohamad
 
Entrepreneur: Mohamad
Location: Saida - South, Lebanon

Mohamad has been working with Al Majmoua for six years, Lebanese Association for Development. Mohamad owns a grocery shop. His last loan is already finished. He used the capital from his last loan, which was raised by Kiva lenders such as you, and disbursed by Al Majmoua, for a variety of purposes. Some of the money helped to purchase merchandise for his shop and some was used to pay the rent of the shop. Mohamad explained to us that his previous loans from Al Majmoua have allowed him to continually improve his shop. Mohamad is very satisfied with his Kiva-Al Majmoua loan, and he is grateful for the opportunity this access to microfinance has provided him.

If you would like to continue funding Lebanese Entrepreneurs like Mohamad, please visit Al Majmoua currently funding loans.


Posted by Sarah Baba from Saida - South, Lebanon
Feb 11, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mohamad

  Expected Repayments Actual Repayments Comments
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 $100.00 Repayment Received
February 2009 $100.00 $100.00 Repayment Received