Hala Group
Status: Paid Back
| $900.00 | Loan Request | |
|---|---|---|
| $900.00 | Paid Back |
About the Group
(For privacy reasons, the Field Partner has requested that last names be undisclosed)| Group Name: | Hala Group |
|---|---|
| Group Members: |
Rana Rajaa Hala |
| Location: | Bekaa, Lebanon |
| Activity: | Retail |
About the Loan
| Loan Amount: | $900.00 |
|---|---|
| Loan Use: | To purchase merchandise for their businesses |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | May 1, 2009 |
| Date Disbursed: | Apr 10, 2009 |
| Date Funded: | May 3, 2009 |
| Loan Ended: | Nov 15, 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: | 1786 |
| Total Loans: | $1,860,200 |
| Delinquency Rate: | 0.74% |
| 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) |
Rana is a 30 year old married woman with two children. Rana has been selling accessories from her home for two years. She requested a loan of 300 U.S. dollars from Al Majmoua in order to purchase merchandise for her work. This is the first time that Rana has requested a loan.
Rana is special in her work because she sells nice accessories. Her clients are her friends and neighbors. When she first started her business, she had financial issues. Rana started her business because she wanted to work and supplement her family’s income. In the future, she plans on expanding her work.
Rajaa is a 43 year old married woman. She has been selling shoes for four years. Rajaa requested a loan of 300 U.S. dollars from Al Majmoua in order to purchase merchandise for her business. This is the first time that Rajaa has requested a loan.
Rajaa is special in her work because she likes what she does and knows how to treat her clients. Her clients are her friends and neighbors. When she first started her business, she didn’t have the startup capital. Rajaa chose her business because she has experience. In the future, she plans on expanding her business.
Hala is a 40 year old married woman. She has owned an accessory shop for four years. Hala requested a loan of 300 U.S. dollars from Al Majmoua in order to purchase merchandise for her work. This is the first time that Hala has requested a loan.
Her clients are her friends and neighbors. When Hala first started her business, she didn’t have the startup capital. She chose her business because of her experience. In the future, Hala plans on expanding her business.
About Group Loans:
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults.
About Group Loans
In a group loan, each member of the group receives an individual loan but is part of a group of individuals bound by a group guarantee. Under this arrangement, each member of the group supports one another and is responsible for paying back the loans of their fellow group members if someone is delinquent or defaults. Learn more
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Journal entries for Hala Group
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Loan has been disbursed
Location: Bekaa, Lebanon
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Posted by
from Bekaa, Lebanon
May 4, 2009 |
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Comment on this entry
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Repayment Schedule for Hala Group
Repayment Schedule for Hala Group
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2009 | $150.00 | $150.00 |  Repayment Received
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| August 2009 | $150.00 | $150.00 | Repayment Received
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| September 2009 | $150.00 | $150.00 | Repayment Received
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| October 2009 | $150.00 | $150.00 | Repayment Received
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| November 2009 | $150.00 | $150.00 | Repayment Received
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| December 2009 | $150.00 | $150.00 | Repayment Received
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