Ahmad


Status: Paying Back

$1,000.00   Loan Amount
66% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Ahmad
Location: Saida - South, Lebanon
Activity: Construction

About the Loan

Loan Amount: $1,000.00
Loan Use: Ahmad will use the loan to purchase tools for his business.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 25, 2009
Date Disbursed: Feb 16, 2009
Date Funded:Feb 25, 2009

About the Country

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



Ahmad is a 37-year-old man who lives in Saida, southern Lebanon, with his wife and their two children. Ahmad has been working as a mason. He also works as a motorcycle repairman. Ahmad requested a loan of 1000 US dollars from Al Majmoua in order to purchase tools for his business. Ahmad has been a microcredit client for five years now and has always paid on time.



His previous loans helped him improve his business as well as his financial situation. Ahmad is special in his business because he is the only one in his region. His clients are his friends and neighbors. When he first started, he had difficulty finding the right place to open his garage. In the future, he plans on expanding his business.


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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
Feb 26, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ahmad

  Expected Repayments Actual Repayments Comments
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 $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 $83.33 Available Mar 1  
April 2010 $83.37 Available Apr 1