Fouad


Status: Paying Back

$2,000.00   Loan Amount
33% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Fouad
Location: Hasbaya, Lebanon
Activity: Agriculture

About the Loan

Loan Amount: $2,000.00
Loan Use: To purchase tools for his work
Repayment Term: 20 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: May 1, 2009
Date Disbursed: Apr 7, 2009
Date Funded:May 21, 2009

About the Country

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



Fouad has been working in agriculture for eight years. He also does recycling. Fouad is a 39-year old man who lives in Bint Jbeil, Southern Lebanon with his wife and their child. He has requested a loan of $2000 US from Al Majmoua in order to purchase tools for his work. This is his second loan cycle and he has always repaid on time.


His previous loan helped him improve his work as well as his financial situation. Fouad does his work well. His clients can be anybody from his region. When he first started his business, he didn’t have start-up capital. Fouad decided on this business because he wanted to work independently. In the future, he plans on improving his business.



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Journal entries for Fouad


Loan has been disbursed
 
Entrepreneur: Fouad
Location: Hasbaya, Lebanon

Thank you for your loan. It has been disbursed to Fouad 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 18 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 22, 2009
Comment on this entry

Kiva Help Repayment Schedule for Fouad

  Expected Repayments Actual Repayments Comments
July 2009 $111.11 $112.00 Repayment Received
August 2009 $111.11 $112.00 Repayment Received
September 2009 $111.11 $112.00 Repayment Received
October 2009 $111.11 $112.00 Repayment Received
November 2009 $111.11 $112.00 Repayment Received
December 2009 $111.11 $112.00 Repayment Received
January 2010 $111.11 Available Jan 1  
February 2010 $111.11 Available Feb 1  
March 2010 $111.11 Available Mar 1  
April 2010 $111.11 Available Apr 1  
May 2010 $111.11 Available May 1  
June 2010 $111.11 Available Jun 1  
July 2010 $111.11 Available Jul 1  
August 2010 $111.11 Available Aug 1  
September 2010 $111.11 Available Sep 1  
October 2010 $111.11 Available Oct 1  
November 2010 $111.11 Available Nov 1  
December 2010 $111.13 Available Dec 1