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: Borj Barajneh, Lebanon
Activity: Food Production/Sales

About the Loan

Loan Amount: $1,200.00
Loan Use: To buy more chickens for re-sale in his little store
Repayment Term: 15 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 1, 2008
Date Disbursed: Jan 15, 2008
Date Funded:Jan 1, 2008
Loan Ended:Feb 15, 2009

About the Country

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



Mohamad is a 50-year-old father of 11. He lives with his family in the Beirut suburbs. Mohamad owns a store where he sells chickens. This is the 8th time Mohamad is asking for a loan from Al Majmoua. He wants to buy more chickens in order to generate additional revenues to help his son open his own business.

Subscribe

Lenders to this entrepreneur

Bud
Sudbury, MA
United States

Susan
Bath, Avon
United Kingdom

Dan & Janice
Athens, GA
United States

Rob Goldman
Huntington, NY
United States

Adrienne
San Antonio, TX
United States

Katherine
Santa Monica, CA
United States

BikeParts.com
Golden, CO
United States

Susanne
Germany,
Germany

senik family
san clemente, CA
United States

Philip
Vashon, WA
United States

Bob & Gin
Westminster, MD
United States

Jessica
Halifax, Nova Scotia
Canada

E
Princeton, IL
United States

Debbie
San Luis Obispo, CA
United States

Janet
Kansas City, KS
United States

Wendy
Rancho Murieta, CA
United States

Jonathan
Topeka, KS
United States

JERRY
HAVERHILL, MA
United States

scott and pam
carmel, IN
United States

BETHANY
LEAWOOD, KS
United States

Mark
Boston, MA
United States

Anonymous
Duluth, MN
United States

phillip
Lawrenceville, GA
United States

Anonymous
Jackson, WY
United States



Journal entries for Mohamad


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

Thank you for your loan. It has been disbursed to Mohamad Hamoud 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 Borj Barajneh, Lebanon
Jan 16, 2008
Comment on this entry

Business Development for Mohamad
 
Entrepreneur: Mohamad
Location: Borj Barajneh, Lebanon

Mohamad’s chicken restaurant has been doing great. His loan, disbursed by Lebanese MFI Al Majmoua, Lebanese Association for Development and supported by you Kiva lenders, has been repaid. Mohamad has been working with Al Majmoua, Lebanese Association for Development for nearly six years now. With the loan capital Mohamad was able to improbe his restaurant and pay his children school tuition. His business is steady as all of Mohamad’s friends and neighbors know him well and feel comfortable eating in his restaurant. He plans on taking out a new loan upon its repayment.

Mohamad is married and eleven children. He is able to supplement her family’s income. When we asked Mohamad what his plans were for the future, he said that he would like to continue improving his business. Mohamad is confident that her experience managing her shop will help her be successful in her future endeavors, and she is grateful for the opportunity to work with Kiva and Al Majmoua.

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


Posted by Sarah Baba from Borj Barajneh, Lebanon
Feb 5, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mohamad

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