Ahmad
Status: Paying Back
| $1,000 |
Loan Request
Pre-Disbursed
: Feb 10, 2009
Listed: Feb 12, 2009
Funded: Feb 15, 2009
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83% 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: | 2029 | ||||||
| Total Loans: | $2,239,150 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 3.68% | ||||||
| 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: | Nabatieh, Lebanon | Repayment Term: | 14 months (more info) |
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| Activity: | Restaurant | Repayment Schedule: | Monthly | |
| Loan Use: | To purchase raw materials | Currency Exchange Loss: | N/A | |
| Default Protection: | Not Covered |
Ahmad, 58, lives in Nabatieh, in southern Lebanon, with his wife and their three children. Ahmad has owned a restaurant for a few years. He serves Lebanese food. Ahmad is requesting a loan of $1000 USD from Al Majmoua in order to purchase raw materials. This is the first time that Ahmad has requested a loan. Ahmad's restaurant is well known in his region. His clients are his friends, neighbors, and tourists. In the future, he plans to renovate his restaurant by changing the decor.
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Journal entries for Ahmad
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Loan has been disbursed
Location: Nabatieh, Lebanon
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Posted by
from Nabatieh, Lebanon
Feb 16, 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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| May 2009 | $83.33 | $84.00 |  Repayment Received
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| June 2009 | $83.33 | $84.00 | Repayment Received
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| July 2009 | $83.33 | $84.00 | Repayment Received
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| August 2009 | $83.33 | $84.00 | Repayment Received
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| September 2009 | $83.33 | $83.00 | Repayment Received
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| October 2009 | $83.33 | $83.00 | Repayment Received
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| November 2009 | $83.33 | $83.00 | Repayment Received
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| December 2009 | $83.33 | $83.00 | Repayment Received
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| January 2010 | $83.33 | $83.00 | Repayment Received
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| February 2010 | $83.33 | $83.00 | Repayment Received
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| March 2010 | $83.33 | Available Mar 1 | |||
| April 2010 | $83.37 | Available Apr 1 | |||
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