Housein


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: Housein
Location: Borj Barajneh, Lebanon
Activity: Auto Repair

About the Loan

Loan Amount: $1,500.00
Loan Use: To purchase tools for his garage.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 1, 2009
Date Disbursed: Apr 13, 2009
Date Funded:Jun 23, 2009

About the Country

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



Housein is a 27 year old man who lives in Bourj El Barajneh, southern suburbs of Lebanon. Housein has been working as a car repairer since 1996. Housein requested a loan from Al Majmoua in order to purchase tools for his garage. Housein 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. His clients can be anybody from his region. When he first started his business, he didn’t have the startup capital. Housein decided on doing his business because he wanted to have an independent work. In the future, he plans on expanding a shop.


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Journal entries for Housein


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

Thank you for your loan. It has been disbursed to Housein 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 24, 2009
Comment on this entry

Kiva Help Repayment Schedule for Housein

  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