Mohamad


Status: Paying Back

$1,200.00   Loan Amount
83% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Mohamad
Location: Bekaa, Lebanon
Activity: Taxi

About the Loan

Loan Amount: $1,200.00
Loan Use: Mohamad will use the loan to do some maintenance work on his van.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 18, 2009
Date Disbursed: Dec 17, 2008
Date Funded:Jan 18, 2009

About the Country

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



Mohamad is a 64-year-old man who lives in the Bekaa, Lebanon with his wife and their child. Mohamad has been working as taxi van driver for four years. He requested a loan of 1200 US dollars from Al Majmoua (Kiva's Field Partner) in order to do some maintenance work on his van. This is the first time that Mohamad has requested a loan.



His clients are passengers. Mohamad likes his work because he gets to meet people and his clients pay directly, which means no debts.


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Journal entries for Mohamad


Loan has been disbursed
 
Entrepreneur: Mohamad
Location: Bekaa, Lebanon

Thank you for your loan. It has been disbursed to Mohamad 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 12 months of this loan, 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 Bekaa, Lebanon
Jan 19, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mohamad

  Expected Repayments Actual Repayments Comments
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 $200.00 Repayment Received
September 2009 $100.00 $0.00 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
January 2010 $100.00 Available Jan 1  
February 2010 $100.00 Available Feb 1