Mohamad


Status: Paying Back

$1,500.00   Loan Amount
58% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $1,500.00
Loan Use: Mohamad will use the loan to purchase livestock.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 21, 2009
Date Disbursed: Mar 23, 2009
Date Funded:Mar 22, 2009

About the Country

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



Mohamad is a 22-year-old engaged man who lives in the Bekaa. Mohamad has been working in agriculture. He plants potatoes, tomatoes, wheat and other vegetables. He also sells milk.


Mohamad requested a loan of $1500 US Dollars from Al Majmoua in order to purchase livestock. This is the first time that Mohamad has requested a loan.


Mohamad is special in his work because he knows how to treat his clients. His clients are his friends and neighbors. When Mohamad first started his business, he had difficulty building networks. Mohamad decided on doing his business because he wanted to have independent work. In the future, he plans on expanding 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
Mar 23, 2009
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Kiva Help Repayment Schedule for Mohamad

  Expected Repayments Actual Repayments Comments
June 2009 $125.00 $125.00 Repayment Received
July 2009 $125.00 $125.00 Repayment Received
August 2009 $125.00 $125.00 Repayment Received
September 2009 $125.00 $125.00 Repayment Received
October 2009 $125.00 $125.00 Repayment Received
November 2009 $125.00 $125.00 Repayment Received
December 2009 $125.00 $125.00 Repayment Received
January 2010 $125.00 Available Jan 1  
February 2010 $125.00 Available Feb 1  
March 2010 $125.00 Available Mar 1  
April 2010 $125.00 Available Apr 1  
May 2010 $125.00 Available May 1