Mohamed


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: Mohamed
Location: Saida - South, Lebanon
Activity: Fruits & Vegetables

About the Loan

Loan Amount: $1,200.00
Loan Use: To expand his inventory by purchasing olives and herbs
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 27, 2008
Date Disbursed: Oct 27, 2008
Date Funded:Dec 2, 2008
Loan Ended:Nov 15, 2009

About the Country

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



Mohamed is a 43-year-old man who lives in Saida (in southern Lebanon) with his wife and their four children. For many years now, Mohamed has been in the business of selling fruits and vegetables. Mohamed is known for the high quality of his vegetables and fruits, and also for his tireless work ethic. Indeed, despite the fact that there are many vegetable/fruit sellers in his area, he has separated himself from the pack and has done very well with his business.

He is now requesting a loan in the amount of $1,200 via Al Majmoua in order to purchase some olives and herbs. This is the fourth loan cycle for Mohamed in his micro-finance endeavors. In the future, he plans to purchase a pickup truck for his work.


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Journal entries for Mohamed


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

Thank you for your loan. It has been disbursed to Mohamed 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 Saida - South, Lebanon
Dec 3, 2008
Comment on this entry

Kiva Help Repayment Schedule for Mohamed

  Expected Repayments Actual Repayments Comments
January 2009 $0.00 $100.00  
February 2009 $200.00 $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
December 2009 $100.00 $100.00 Repayment Received