Joseph


Status: Paying Back

$1,500.00   Loan Amount
41% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Joseph
Location: Borj Barajneh, Lebanon
Activity: Clothing Sales

About the Loan

Loan Amount: $1,500.00
Loan Use: To purchase clothes for a 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 25, 2009

About the Country

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



Joseph owns a men's clothing shop. He is 42-years old and lives in Bourj El Barajneh, in the southern suburbs of Lebanon, with his wife. Joseph has requested a loan of $1500 US from Al Majmoua in order to purchase clothes for his shop. Joseph has been a microcredit client for seven years now and has always repaid on time.


Joseph's previous loans helped him improve his work as well as his financial situation. His clients are his friends, neighbors and others. He hasn't faced any difficulties since he first started his business. Joseph decided on this business because he wanted to work independently. In the future, he plans on expanding his shop.



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Journal entries for Joseph


Loan has been disbursed
 
Entrepreneur: Joseph
Location: Borj Barajneh, Lebanon

Thank you for your loan. It has been disbursed to Joseph 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 Borj Barajneh, Lebanon
Jun 26, 2009
Comment on this entry

Kiva Help Repayment Schedule for Joseph

  Expected Repayments Actual Repayments Comments
August 2009 $250.00 $125.00 Repayment Received
September 2009 $125.00 $125.00 Repayment Received
October 2009 $125.00 $125.00 Repayment Received
November 2009 $125.00 $125.00 Repayment Received
December 2009 $125.00 $125.00  
January 2010 $125.00 Available Jan 1  
February 2010 $125.00 Available Feb 1  
March 2010 $125.00 Available Mar 1  
April 2010 $125.00 Available Apr 1  
May 2010 $125.00 Available May 1  
June 2010 $125.00 Available Jun 1