Mahmoud


Status: Paying Back

$1,200.00   Loan Amount
75% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Mahmoud
Location: Taalabaya, Lebanon
Activity: Services

About the Loan

Loan Amount: $1,200.00
Loan Use: Buy cables
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 4, 2009
Date Disbursed: Jan 20, 2009
Date Funded:Feb 8, 2009

About the Country

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



Mahmoud is a 45-year-old married man with three children, living in Taalabaya in the Bekaa Valley. He has been working in installation and maintenance of satellite dishes since 1998. Mahmoud wants to buy cables, for better service and in order to increase his profits; therefore, he is requesting to borrow US$ 1,200.









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Journal entries for Mahmoud


Loan has been disbursed
 
Entrepreneur: Mahmoud
Location: Taalabaya, Lebanon

Thank you for your loan. It has been disbursed to Mahmoud by Ameen s.a.l. in Lebanon. We are excited to watch this business grow. Over the 12 months of this loan, Ameen s.a.l. will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Taalabaya, Lebanon
Feb 9, 2009
Comment on this entry

Mahmoud buys new cables
 
Entrepreneur: Mahmoud
Location: Taalabaya, Lebanon

Mahmoud has a satellite installation and services business. He provides satellite services to customers who pay a monthly fee. He used the loan to buy new cable which he plans to install in the coming months.

Mahmoud recently faced some problems with his business. Vandals cut some of his installed cables with some of his customers losing their connections. He has been rushing to re-install cables to ensure his customers continue to get the service he promised.

Mahmoud also has a small vitrine in his store in which he displays some household electronics not easily found in his village. In the future, he hopes to expand the range of items he sells in the store for an extra income. He hopes to be able to build a larger vitrine to display the items.


Posted by Nemr Kanafani from Taalabaya, Lebanon
Mar 20, 2009
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Kiva Help Repayment Schedule for Mahmoud

  Expected Repayments Actual Repayments Comments
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 $0.00 Repayment Received
October 2009 $100.00 $100.00 Repayment Received
November 2009 $100.00 $100.00 Repayment Received
December 2009 $100.00 $200.00 Repayment Received
January 2010 $100.00 Available Jan 1  
February 2010 $100.00 Available Feb 1  
March 2010 $100.00 Available Mar 1