Ahmad
Status: Paying Back
| $1,000.00 | Loan Amount |
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91% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Ahmad |
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| Location: | Saida - South, Lebanon |
| Activity: | Barber Shop |
About the Loan
| Loan Amount: | $1,000.00 |
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| Loan Use: | Ahmad needs the loan to purchase new seats for his shop |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Nov 21, 2008 |
| Date Disbursed: | Nov 17, 2008 |
| Date Funded: | Dec 4, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Al Majmoua Lebanese Association for Development |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 1783 |
| Total Loans: | $1,855,000 |
| Delinquency Rate: | 0.75% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Lebanon |
|---|---|
| Avg Annual Income: | $5,900.00 |
| Currency: | United States Dollars (USD) |
Ahmad is a 38 year old man who lives in Saida, southern Lebanon, with his wife and their five children. Ahmad has been a barber for 20 years. He is known for his good service. He requested a loan of 1000 US dollars from Al Majmoua in order to purchase new seats for his salon.
When he first started his business, he faced some difficulties because of the high number of barber shops around, but with time, he learnt how to make his shop attractive. He excels in his work and has very competitive prices. His future plan is to open a feminine hairdresser shop.
When he first started his business, he faced some difficulties because of the high number of barber shops around, but with time, he learnt how to make his shop attractive. He excels in his work and has very competitive prices. His future plan is to open a feminine hairdresser shop.
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Journal entries for Ahmad
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Loan has been disbursed
Location: Saida - South, Lebanon
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Posted by
from Saida - South, Lebanon
Dec 5, 2008 |
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Comment on this entry
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Repayment Schedule for Ahmad
Repayment Schedule for Ahmad
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2009 | $83.33 | $84.00 |  Repayment Received
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| March 2009 | $83.33 | $84.00 | Repayment Received
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| April 2009 | $83.33 | $84.00 | Repayment Received
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| May 2009 | $83.33 | $84.00 | Repayment Received
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| June 2009 | $83.33 | $84.00 | Repayment Received
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| July 2009 | $83.33 | $84.00 | Repayment Received
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| August 2009 | $83.33 | $81.00 | Repayment Received
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| September 2009 | $83.33 | $83.00 | Repayment Received
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| October 2009 | $83.33 | $83.00 | Repayment Received
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| November 2009 | $83.33 | $83.00 | Repayment Received
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| December 2009 | $83.33 | $83.00 | Repayment Received
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| January 2010 | $83.37 | Available Jan 1 | |||
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