Mohamad


Status: Refunded

$1,000.00   Loan Request

About the Entrepreneur

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

About the Loan

Loan Amount: $1,000.00
Loan Use: Mohamad will use the loan to purchase merchandise for his shop.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 13, 2009
Date Disbursed: Feb 5, 2009
Date Funded:Feb 15, 2009
Refund Date:Feb 24, 2009

About the Country

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



Mohamad is a 20 year old man who lives in the Bekaa. Mohamad has owned a clothing shop for four years. He has requested a loan of 1000 US dollars from Al Majmoua in order to purchase merchandise for his shop.
His clients can be anybody. Mohamad decided on doing this business because of his experience in sales and also because it was his father's business before him. His father had owned the shop for twenty years.
In the future, he plans to expand his business.


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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
Feb 16, 2009
Comment on this entry

Loan Refunded
 
Entrepreneur: Mohamad
Location: Bekaa, Lebanon

This loan has been refunded for the following reason:

As a result of an administrative error, this profile description provided inaccurate information about the borrower. We apologize for the inconvenience and appreciate your continued support for loans managed by Kiva's Field Partner Al Majmoua.


Posted by Hind Tazi, Kiva Staff, from San Francisco, United States
Feb 24, 2009
Comment on this entry

Kiva Help Repayment Schedule for Mohamad

  Expected Repayments Actual Repayments Comments
May 2009 $83.33 $0.00 Repayment Received
June 2009 $83.33 $0.00 Repayment Received
July 2009 $83.33 $0.00 Repayment Received
August 2009 $83.33 $0.00 Repayment Received
September 2009 $83.33 $0.00 Repayment Received
October 2009 $83.33 $0.00 Repayment Received
November 2009 $83.33 $0.00 Repayment Received
December 2009 $83.33 Available Dec 1 Repayment Received
January 2010 $83.33 Available Jan 1 Repayment Received
February 2010 $83.33 Available Feb 1 Repayment Received
March 2010 $83.33 Available Mar 1 Repayment Received
April 2010 $83.37 Available Apr 1 Repayment Received