Imad


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: Imad
Location: Nabatieh, Lebanon
Activity: Auto Repair

About the Loan

Loan Amount: $1,000.00
Loan Use: Imad will use the loan to purchase spare parts for cars.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 21, 2009
Date Disbursed: Jan 26, 2009
Date Funded:Jan 21, 2009

About the Country

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



Imad is a 24-year-old man who lives in Nabatieh, southern Lebanon, with his wife and their child. Imad has been working as a car mechanic for a year. He does mechanical work and he also repairs diesel cars. Imad requests a loan of $1000 USD from Al Majmoua in order to purchase spare parts for cars. This is the first time that Imad has requested a loan.
Imad is special in his work because he is fast and he does good work. His clients are his friends and others. He decided to start his business because he knew he could make it and he had the experience. In the future, he plans to expand his business.


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Journal entries for Imad


Loan has been disbursed
 
Entrepreneur: Imad
Location: Nabatieh, Lebanon

Thank you for your loan. It has been disbursed to Imad 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 Nabatieh, Lebanon
Jan 26, 2009
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Kiva Help Repayment Schedule for Imad

  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