Magid
Status: Paying Back
| $1,000.00 | Loan Amount |
|---|
50% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Magid |
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| Location: | Borj Barajneh, Lebanon |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $1,000.00 |
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| Loan Use: | To purchase merchandise for a grocery store |
| 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 20, 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: | 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) |
Magid has owned a grocery store since 1993. He is a 37-year old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon. He has requested a loan of $1000 US from Al Majmoua in order to purchase merchandise for his store. This is the first time that Magid has requested a loan.
Magid carries a great variety of products. His clients are his friends, neighbors and people from his region. He hasn't faced any difficulties since he first started his business. In the future, he plans on expanding his business.
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Journal entries for Magid
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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 Magid
Repayment Schedule for Magid
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2009 | $166.66 | $170.00 |  Repayment Received
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| September 2009 | $83.33 | $83.00 | Repayment Received
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| October 2009 | $83.33 | $83.00 | Repayment Received
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| November 2009 | $83.33 | $83.00 | Repayment Received
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| December 2009 | $83.33 | $83.00 | Repayment Received
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| January 2010 | $83.33 | Available Jan 1 | |||
| February 2010 | $83.33 | Available Feb 1 | |||
| March 2010 | $83.33 | Available Mar 1 | |||
| April 2010 | $83.33 | Available Apr 1 | |||
| May 2010 | $83.33 | Available May 1 | |||
| June 2010 | $83.37 | Available Jun 1 | |||
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