Abed El Latif


Status: Paying Back

$1,350.00   Loan Amount
59% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Abed El Latif
Location: Hasbaya, Lebanon
Activity: Mobile Phones

About the Loan

Loan Amount: $1,350.00
Loan Use: Purchase merchandise for his mobile phone shop
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 23, 2009

About the Country

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



Abed El Latif is a 23-year-old man who lives in Bint Jbeil, southern Lebanon. Abed El Latif has owned a mobile phone shop for two years. Hussein decided on this business because of his experience in the field. When he first opened the shop, he did not face any difficulties. Abed El Latif is special in his work because he does it well. His clients are people from his region.



His previous loan helped him improve his business. He has requested another loan of 1330 US dollars from Al Majmoua to purchase additional merchandise for his shop. In the future, he plans on improving his business.




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Journal entries for Abed El Latif


Loan has been disbursed
 
Entrepreneur: Abed El Latif
Location: Hasbaya, Lebanon

Thank you for your loan. It has been disbursed to Abed El Latif 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 Hasbaya, Lebanon
May 24, 2009
Comment on this entry

Kiva Help Repayment Schedule for Abed El Latif

  Expected Repayments Actual Repayments Comments
July 2009 $112.50 $114.70 Repayment Received
August 2009 $112.50 $114.70 Repayment Received
September 2009 $112.50 $114.70 Repayment Received
October 2009 $112.50 $114.70 Repayment Received
November 2009 $112.50 $114.70 Repayment Received
December 2009 $112.50 $229.40 Repayment Received
January 2010 $112.50 Available Jan 1 Repayment Received
February 2010 $112.50 Available Feb 1  
March 2010 $112.50 Available Mar 1  
April 2010 $112.50 Available Apr 1  
May 2010 $112.50 Available May 1  
June 2010 $112.50 Available Jun 1