Abass
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: | Abass |
|---|---|
| Location: | Borj Barajneh, Lebanon |
| Activity: | Butcher Shop |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | To purchase merchandise and tools for a butcher shop |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Jun 1, 2009 |
| Date Disbursed: | Apr 14, 2009 |
| Date Funded: | Jun 22, 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: | 1783 |
| Total Loans: | $1,855,000 |
| 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) |
Abass has owned a butcher shop since 2006. He is a 53-year old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon, with his wife and their four children. Abass has requested a loan of $2000 US from Al Majmoua in order to purchase merchandise and tools for his shop. This is his second loan cycle and he has always repaid on time.
His previous loan helped him improve his shop as well as his financial situation. Abass knows how to treat his clients. His clients are his friends and neighbors. When he first started his business, he didn’t have start-up capital. He decided on this business because he wanted to work independently. In the future, he plans on expanding his business.
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Journal entries for Abass
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Loan has been disbursed
Location: Borj Barajneh, Lebanon
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Posted by
from Borj Barajneh, Lebanon
Jun 23, 2009 |
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Comment on this entry
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Repayment Schedule for Abass
Repayment Schedule for Abass
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $333.34 | $340.00 |  Repayment Received
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| September 2009 | $166.67 | $166.00 | Repayment Received
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| October 2009 | $166.67 | $166.00 | Repayment Received
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| November 2009 | $166.67 | $166.00 | Repayment Received
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| December 2009 | $166.67 | $166.00 | Repayment Received
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| 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 | |||
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