Achraf
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: | Achraf |
|---|---|
| Location: | Borj Barajneh, Lebanon |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $3,000.00 |
|---|---|
| Loan Use: | to purchase merchandise for his store and a refridgerator |
| Repayment Term: | 17 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Jun 1, 2009 |
| Date Disbursed: | Apr 21, 2009 |
| Date Funded: | Jun 25, 2009 |
About the Field Partner
About the Field Partner
|
|
| 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) |
Achraf is a 27-year-old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon. Achraf owns a grocery store. He requested a loan of 3000 US dollars from Al Majmoua in order to purchase merchandise for his store like ice cream and a refrigerator for it, especially since summer is coming. This is his second loan cycle and he has always paid on time.
Achraf's previous loan helped him diversify his merchandise. Achraf is special in his work because he has a big variety of products. His clients are his friends and neighbors. When he first started his business, he didn’t face difficulties. In the future, he plans on expanding his business.
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Journal entries for Achraf
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Loan has been disbursed
Location: Borj Barajneh, Lebanon
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Posted by
from Borj Barajneh, Lebanon
Jun 26, 2009 |
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Comment on this entry
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Repayment Schedule for Achraf
Repayment Schedule for Achraf
| 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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