Houssam


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: Houssam
Location: Borj Barajneh, Lebanon
Activity: Retail

About the Loan

Loan Amount: $1,500.00
Loan Use: Houssam will use the loan to purchase tires for his store
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 1, 2009
Date Disbursed: Apr 3, 2009
Date Funded:Jun 26, 2009

About the Country

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



Houssam is a 29-year-old man who lives in Bourj El Barajneh in the southern suburbs of Lebanon. Houssam has owned a tire shop for seven years. He requested a loan of $1,500 from Kiva's partner Al Majmoua in order to purchase tires for his store. This is the first time that Houssam has requested a loan.


Houssam is special in his work because he knows how to treat his clients. His clients are his friends, neighbors and people from his region. When he first started his business, he didn’t face difficulty. Houssam decided on doing this business because of his experience. In the future, he plans on expanding his business.


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Journal entries for Houssam


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

Thank you for your loan. It has been disbursed to Houssam 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 27, 2009
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Kiva Help Repayment Schedule for Houssam

  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