Ebrahim
Status: Paying Back
| $3,000.00 | Loan Amount |
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41% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Ebrahim |
|---|---|
| Location: | Borj Barajneh, Lebanon |
| Activity: | Clothing |
About the Loan
| Loan Amount: | $3,000.00 |
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| Loan Use: | To purchase merchandise for a clothing shop |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Jun 1, 2009 |
| Date Disbursed: | Apr 13, 2009 |
| Date Funded: | Jun 23, 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 |
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| Avg Annual Income: | $5,900.00 |
| Currency: | United States Dollars (USD) |
Ebrahim has owned a clothing shop since 2006. When he first started his shop, the 2006 war broke out which forced him to close his shop for a while. He lost some of his merchandise and he had to redo the décor and purchase new merchandise. He has passed through some hard times and faced a critical financial situation since he put all his savings into the shop.
Ebrahim's clients can be anybody. Ebrahim chose this business because he wanted to work independently. He is 50-years old and lives in Bourj El Barajneh, in the southern suburbs of Lebanon, with his wife and their three children. He has been a microcredit client for five years now and has always paid on time. His previous loans helped him improve his work as well as his financial situation. Ebrahim has requested a loan of $3000 US from Al Majmoua in order to purchase merchandise for his shop. In the future, he plans on expanding his shop.
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Journal entries for Ebrahim
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Loan has been disbursed
Location: Borj Barajneh, Lebanon
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Posted by
from Borj Barajneh, Lebanon
Jun 24, 2009 |
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Comment on this entry
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Repayment Schedule for Ebrahim
Repayment Schedule for Ebrahim
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2009 | $500.00 | $500.00 |  Repayment Received
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| September 2009 | $250.00 | $250.00 | Repayment Received
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| October 2009 | $250.00 | $250.00 | Repayment Received
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| November 2009 | $250.00 | $250.00 | Repayment Received
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| December 2009 | $250.00 | Available Dec 1 | |||
| January 2010 | $250.00 | Available Jan 1 | |||
| February 2010 | $250.00 | Available Feb 1 | |||
| March 2010 | $250.00 | Available Mar 1 | |||
| April 2010 | $250.00 | Available Apr 1 | |||
| May 2010 | $250.00 | Available May 1 | |||
| June 2010 | $250.00 | Available Jun 1 | |||
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