Mahmoud
Status: Paying Back
| $1,500.00 | Loan Amount |
|---|
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Mahmoud |
|---|---|
| Location: | Saida - South, Lebanon |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $1,500.00 |
|---|---|
| Loan Use: | Purchase a pick up for his businesses. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Apr 1, 2009 |
| Date Disbursed: | Apr 3, 2009 |
| Date Funded: | Apr 19, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Al Majmoua Lebanese Association for Development |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 1783 |
| Total Loans: | $1,855,000 |
| Delinquency Rate: | 0.75% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Lebanon |
|---|---|
| Avg Annual Income: | $5,900.00 |
| Currency: | United States Dollars (USD) |
Mahmoud has owned a grocery store since 2007, and has sold scrap metal since 1990. He requests a loan of $1500 from Al Majmoua to purchase a pick up for his businesses. This is the first time Mahmoud has requested a loan.
Mahmoud is special because he has two businesses and is doing his best to improve his family's financial situation. His clients are friends and neighbors for his store and traders of scrap metals. Mahmoud decided to open a grocery store because the scrap business didn’t allow him to have a good financial situation. When he first started the grocery business, he didn’t have a lot of clients. In the future, he plans on improving his business, as well as purchase land to start a third business.
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Journal entries for Mahmoud
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Loan has been disbursed
Location: Saida - South, Lebanon
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Posted by
from Saida - South, Lebanon
Apr 20, 2009 |
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Comment on this entry
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Repayment Schedule for Mahmoud
Repayment Schedule for Mahmoud
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $125.00 | $125.00 |  Repayment Received
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| August 2009 | $125.00 | $125.00 | Repayment Received
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| September 2009 | $125.00 | $125.00 | Repayment Received
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| October 2009 | $125.00 | $125.00 | Repayment Received
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| November 2009 | $125.00 | $125.00 | Repayment Received
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| December 2009 | $125.00 | $250.00 | Repayment Received
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| January 2010 | $125.00 | Available Jan 1 | Repayment Received
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| 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 | |||
| June 2010 | $125.00 | Available Jun 1 | |||
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