Hekmat


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: Hekmat
Location: Saida - South, Lebanon
Activity: Retail

About the Loan

Loan Amount: $1,200.00
Loan Use: to complete work on four greenhouses
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 9, 2008
Date Disbursed: Apr 23, 2008
Date Funded:Apr 9, 2008
Loan Ended:May 15, 2009

About the Country

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



Hekmat is 56 years old and the father of six children. He works and lives with his family in southern Lebanon, in the town of Saida. Hekmat supports his family by running a nursery, where he grows roses. He has applied for his second loan from Al Majmoua, which he will use to expand his business by finishing work on four greenhouses .

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Lenders to this entrepreneur

Terry
KivaFriends.org , St. Louis, MO
United States

Kiva B4B
Spring House, PA
United States

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Karen
Norman, OK
United States

BAIT Campaign - Ivey School of Business
Toronto, Ontario
Canada

Edwin
Reston, VA
United States

Joel
Oldsmar, FL
United States

Enflow Programming
Monterey, CA
United States

Anonymous
Toledo, OH
United States

Robert
Virginia Beach, VA
United States

Craig and Michelle
Anchorage, AK
United States

Amy & Zack
Eugene, OR
United States

kelli
Lilburn, GA
United States

Anonymous
Los Angeles, CA
United States

Stephan
Kingsport, Tennessee
United States

Jane
Perth, Western Australia
Australia

Sally
Richardson, TX
United States

Craig
Chicago, IL
United States



Journal entries for Hekmat


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

Thank you for your loan. It has been disbursed to Hekmat Al Jawad 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
Apr 24, 2008
Comment on this entry

Update on Hekmat
 
Entrepreneur: Hekmat
Location: Saida - South, Lebanon

Hekmat has paid off his loan, disbursed by Al Majmoua Lebanese Association for Development and supported by you, Kiva Lenders! He used the loan to buy 10 more different types of flower bulbs. This allowed him to sell a wider variety of flowers. With the additional income he was able to buy a small van to transport his products. This has allowed him to both improve and expand his business. When asked what his dreams for the future were he said he wanted to expand his business by buying more land to harvest. He also dreams of owning a house worth $10,000.

Hekmat is grateful for the opportunity to work with both Kiva and Al Majmoua.

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


Posted by Alia Rafeh, KF8, Lebanon from Saida - South, Lebanon
Jun 11, 2009
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Kiva Help Repayment Schedule for Hekmat

  Expected Repayments Actual Repayments Comments
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
April 2009 $100.00 $100.00 Repayment Received
May 2009 $100.00 $100.00 Repayment Received
June 2009 $100.00 $100.00 Repayment Received