Ahmad
Status: Paying Back
| $1,500 |
Loan Request
Disbursed
: Apr 6, 2009
Listed: Apr 3, 2009
Funded: Apr 19, 2009
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66% repaid
About the Field Partner
| Al Majmoua Lebanese Association for Development administers this loan. Learn more | |||||||
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| Field Partner: | Al Majmoua Lebanese Association for Development | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 28 months | ||||||
| Kiva Entrepreneurs: | 2027 | ||||||
| Total Loans: | $2,237,150 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 3.70% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Lebanon |
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| Avg Annual Income: | $5,900 |
| Currency: | United States Dollars (USD) |
About the Loan
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Location: | Borj Barajneh, Lebanon | Repayment Term: | 14 months (more info) |
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| Activity: | Barber Shop | Repayment Schedule: | Monthly | |
| Loan Use: | To purchase beauty products for his salon. | Currency Exchange Loss: | N/A | |
| Default Protection: | Not Covered |
Ahmad is twenty-nine years old and lives in Bourj El Barajneh, in the southern suburbs of Lebanon. Ahmad has owned a barber shop for five years. Ahmad requested a loan of $1500 from Al Majmoua in order to purchase beauty products for his salon. This is his second loan cycle and he has always paid on time. Ahmad is exceptional in his work because he does it so well. His clients are his friends and neighbors. When he first started his business, he had no difficulties. He decided to start this business because of his experience. In the future, he plans to improve his salon.
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Journal entries for Ahmad
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Loan has been disbursed
Location: Borj Barajneh, Lebanon
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Posted by
from Borj Barajneh, Lebanon
Apr 20, 2009 |
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Comment on this entry
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Repayment Schedule for Ahmad
Repayment Schedule for Ahmad
| Expected Repayments | Actual Repayments | Comments | |||
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| 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 | $125.00 | Repayment Received
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| January 2010 | $125.00 | $125.00 | Repayment Received
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| February 2010 | $125.00 | $125.00 | Repayment Received
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| 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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