Muhammad


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: Muhammad
Location: Baalback - Bekaa, Lebanon
Activity: Personal Purchases

About the Loan

Loan Amount: $1,200.00
Loan Use: To help with the costs of a son's wedding
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 14, 2008
Date Disbursed: Sep 28, 2008
Date Funded:Sep 14, 2008
Loan Ended:Oct 15, 2009

About the Country

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



Muhammad Kranbieh is 56 years old and the father of 6 children. He lives in in a small village located in the north of Lebanon's Bekaa Valley. Muhammad owns and operates a generator that supplies electricity to houses in the neighborhood.



While most houses and businesses in this region are connected to the electric grid, Lebanon typically sees at least 3 hours per day of outages and many rely on local generators for alternative power.



Muhammad has been a client of Al Majmoua for the past 5 years and has asked for a loan of US$ 1200. It has been a lifelong wish of Muhammad to see his son get married, and finally the day has arrived. The money from this loan will be used to help pay for his son's upcoming wedding ceremony and complete construction on the home of this groom-to-be.


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Journal entries for Muhammad


Loan has been disbursed
 
Entrepreneur: Muhammad
Location: Baalback - Bekaa, Lebanon

Thank you for your loan. It has been disbursed to Muhammad by Al Majmoua Lebanese Association for Development, a partner of Save the Children in Lebanon. We are excited to watch this business grow. Over the next 12 months, Al Majmoua Lebanese Association for Development, a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Baalback - Bekaa, Lebanon
Sep 29, 2008
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Kiva Help Repayment Schedule for Muhammad

  Expected Repayments Actual Repayments Comments
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
July 2009 $100.00 $100.00 Repayment Received
August 2009 $100.00 $100.00 Repayment Received
September 2009 $100.00 $100.00 Repayment Received
October 2009 $100.00 $100.00 Repayment Received
November 2009 $100.00 $100.00 Repayment Received