Mohamad


Status: Paying Back

$1,000.00   Loan Amount
75% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $1,000.00
Loan Use: to purchase a generator.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 19, 2009
Date Disbursed: Jan 5, 2009
Date Funded:Jan 19, 2009

About the Country

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



Mohamad is a 26-year-old man who lives in Bint Jbeil, in southern Lebanon. Mohamad has been working as a tiler for five years. He has requested a loan of 1000 US dollars from Al Majmoua in order to purchase a generator for his business. This is his second loan cycle and he has always paid on time.



The loan has influenced his life in a good way by increasing his income. Mohamad is special because he is particularly good in his work. His clients are his friends and neighbors. When he first started his business, he had difficulty building networking. In the future, Mohamad plans to purchase a tile machine.


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Journal entries for Mohamad


Loan has been disbursed
 
Entrepreneur: Mohamad
Location: Hasbaya, 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 Hasbaya, Lebanon
Jan 20, 2009
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Kiva Help Repayment Schedule for Mohamad

  Expected Repayments Actual Repayments Comments
April 2009 $83.33 $84.00 Repayment Received
May 2009 $83.33 $84.00 Repayment Received
June 2009 $83.33 $84.00 Repayment Received
July 2009 $83.33 $84.00 Repayment Received
August 2009 $83.33 $84.00 Repayment Received
September 2009 $83.33 $84.00 Repayment Received
October 2009 $83.33 $84.00 Repayment Received
November 2009 $83.33 $84.00 Repayment Received
December 2009 $83.33 $84.00 Repayment Received
January 2010 $83.33 Available Jan 1  
February 2010 $83.33 Available Feb 1  
March 2010 $83.37 Available Mar 1