Halim


Status: Paying Back

$2,000.00   Loan Amount
50% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Halim
Location: Nabatieh, Lebanon
Activity: Spare Parts

About the Loan

Loan Amount: $2,000.00
Loan Use: To purchase used car spare parts
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 1, 2009
Date Disbursed: Apr 14, 2009
Date Funded:May 20, 2009

About the Country

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



Halim has been selling used car spare parts for 25 years. He prides himself on his competitive prices. His clients can be individuals or car repair men. He is 46 years old and lives in Nabatieh, Southern Lebanon with his wife and their two children.


Halim decided on doing this business because he wanted to improve his income. His business has done well right from the start. This is the first time that Halim is requesting a loan. He wants to borrow $2000 US from Al Majmoua in order to purchase merchandise needed for his work. In the future, he plans on expanding his business.


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Journal entries for Halim


Loan has been disbursed
 
Entrepreneur: Halim
Location: Nabatieh, Lebanon

Thank you for your loan. It has been disbursed to Halim 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
May 21, 2009
Comments (1)

Kiva Help Repayment Schedule for Halim

  Expected Repayments Actual Repayments Comments
July 2009 $166.67 $167.00 Repayment Received
August 2009 $166.67 $173.00 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 $166.67 Available May 1  
June 2010 $166.63 Available Jun 1