Jalal
Status: Paying Back
| $1,200.00 | Loan Amount |
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50% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Jalal |
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| Location: | Bekaa, Lebanon |
| Activity: | Electrician |
About the Loan
| Loan Amount: | $1,200.00 |
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| Loan Use: | To purchase new tools for his business and purchase clothes for the new family member |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | May 1, 2009 |
| Date Disbursed: | Apr 9, 2009 |
| Date Funded: | May 17, 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: | 1782 |
| Total Loans: | $1,852,500 |
| Delinquency Rate: | 0.75% |
| 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) |
Jalal is a 27-year-old man who lives in Bekaa with his wife. Jalal has been working as an electrician for 10 years. He requested a loan of $1,200 from Al Majmoua, a Kiva partner, in order to purchase new tools for his business and purchase clothes for the new family member because his wife is pregnant with their first baby. This is his third cycle and he has always paid on time.
His previous loans helped him improve his financial situation. His clients are his friends and neighbors. When he first started his business, he didn’t face difficulties. Jalal decided on doing his business because he learned it from his academy. In the future, he plans on expanding his business.
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Journal entries for Jalal
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Loan has been disbursed
Location: Bekaa, Lebanon
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Posted by
from Bekaa, Lebanon
May 18, 2009 |
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Comment on this entry
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Repayment Schedule for Jalal
Repayment Schedule for Jalal
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| July 2009 | $100.00 | $100.00 |  Repayment Received
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| August 2009 | $100.00 | $100.00 | Repayment Received
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| September 2009 | $100.00 | $100.00 | Repayment Received
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| October 2009 | $100.00 | $200.00 | Repayment Received
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| November 2009 | $100.00 | $0.00 | Repayment Received
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| December 2009 | $100.00 | $100.00 | Repayment Received
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| January 2010 | $100.00 | Available Jan 1 | |||
| February 2010 | $100.00 | Available Feb 1 | |||
| March 2010 | $100.00 | Available Mar 1 | |||
| April 2010 | $100.00 | Available Apr 1 | |||
| May 2010 | $100.00 | Available May 1 | |||
| June 2010 | $100.00 | Available Jun 1 | |||
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