Ahmad


Status: Paying Back

$2,000.00   Loan Amount
58% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Ahmad
Location: Nabatieh, Lebanon
Activity: Mobile Phones

About the Loan

Loan Amount: $2,000.00
Loan Use: purchase merchandise for his shop
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 1, 2009
Date Disbursed: Mar 10, 2009
Date Funded:Apr 20, 2009

About the Country

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



Ahmad is a 45-year-old man who lives in southern Lebanon, with his wife and their two children. Ahmad has owned a mobile phone shop for two years, as well as selling phone accessories. He sells and repairs phones. He requested a loan of 2000 US dollars from Al Majmoua in order to purchase merchandise for his shop. This is the first time that Ahmad has requested a loan.



Ahmad is special in his work because of his punctuality. His clients are his friends, neighbors and others. When Ahmad first started his business, he faced competition. He decided on doing his business because he wanted to improve his family’s financial situation. In the future, Ahmad plans on expanding his business.


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Journal entries for Ahmad


Loan has been disbursed
 
Entrepreneur: Ahmad
Location: Nabatieh, 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 Nabatieh, Lebanon
Apr 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ahmad

  Expected Repayments Actual Repayments Comments
June 2009 $166.67 $167.00 Repayment Received
July 2009 $166.67 $167.00 Repayment Received
August 2009 $166.67 $172.00 Repayment Received
September 2009 $166.67 $166.00 Repayment Received
October 2009 $166.67 $166.00 Repayment Received
November 2009 $166.67 $166.00 Repayment Received
December 2009 $166.67 $166.00 Repayment Received
January 2010 $166.67 Available Jan 1  
February 2010 $166.67 Available Feb 1  
March 2010 $166.67 Available Mar 1  
April 2010 $166.67 Available Apr 1  
May 2010 $166.63 Available May 1