Ahmad


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: Ahmad
Location: Saida - South, Lebanon
Activity: Auto Repair

About the Loan

Loan Amount: $1,000.00
Loan Use: Ahmad will use the loan to purchase tools for his garage.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 21, 2009
Date Disbursed: Jan 6, 2009
Date Funded:Jan 21, 2009

About the Country

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



Ahmad is a 21-year-old man who lives in Saida, southern Lebanon. Ahmad has been working as a car mechanic for a year. He takes care of electrical systems and car batteries. Ahmad requests a loan of $1000 USD from Al Majmoua in order to purchase tools for his garage. This is the first time that Ahmad has requested a loan.
His clients are his friends, neighbors and tourists. Ahmad’s garage is well positioned. He decided to start his business because he has experience. In the future, he plans to expand his business and improve his working tools.


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Journal entries for Ahmad


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

Thank you for your loan. It has been disbursed to Ahmad 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 Saida - South, Lebanon
Jan 22, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ahmad

  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 $83.00 Repayment Received
September 2009 $83.33 $83.00 Repayment Received
October 2009 $83.33 $83.00 Repayment Received
November 2009 $83.33 $83.00 Repayment Received
December 2009 $83.33 $83.00 Repayment Received
January 2010 $83.33 Available Jan 1  
February 2010 $83.33 Available Feb 1  
March 2010 $83.37 Available Mar 1