Emad
Status: Paying Back
| $3,000.00 | Loan Amount |
|---|
40% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Emad |
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| Location: | Borj Barajneh, Lebanon |
| Activity: | Retail |
About the Loan
| Loan Amount: | $3,000.00 |
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| Loan Use: | Houssam will use the loan to purchase merchandise for his shop |
| Repayment Term: | 17 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 27, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Al Majmoua Lebanese Association for Development |
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| 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) |
Emad has owned a faux bijoux shop since 1997. Emad is a 37-year old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon, with his wife and their child. Emad has requested a loan from Al Majmoua in order to purchase merchandise for his shop. Emad has been a microcredit client for nine years now and has always repaid on time.
His 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. Emad decided on this business because he wanted to work independently. In the future, he plans on expanding his shop.
His 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. Emad 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 Emad
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Loan has been disbursed
Location: Borj Barajneh, Lebanon
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Posted by
from Borj Barajneh, Lebanon
Jun 28, 2009 |
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Comment on this entry
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Update on Emad
Location: Borj Barajneh, Lebanon
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Posted by
Alia Rafeh, KF8, Lebanon from Borj Barajneh, Lebanon
Aug 10, 2009 |
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Comment on this entry
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Repayment Schedule for Emad
Repayment Schedule for Emad
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| August 2009 | $400.00 | $400.00 |  Repayment Received
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| September 2009 | $200.00 | $200.00 | Repayment Received
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| October 2009 | $200.00 | $200.00 | Repayment Received
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| November 2009 | $200.00 | $200.00 | Repayment Received
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| December 2009 | $200.00 | $200.00 | Repayment Received
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| January 2010 | $200.00 | Available Jan 1 | |||
| February 2010 | $200.00 | Available Feb 1 | |||
| March 2010 | $200.00 | Available Mar 1 | |||
| April 2010 | $200.00 | Available Apr 1 | |||
| May 2010 | $200.00 | Available May 1 | |||
| June 2010 | $200.00 | Available Jun 1 | |||
| July 2010 | $200.00 | Available Jul 1 | |||
| August 2010 | $200.00 | Available Aug 1 | |||
| September 2010 | $200.00 | Available Sep 1 | |||
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