Rabih


Status: Paying Back

$1,500.00   Loan Amount
50% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Rabih
Location: Tripoli - North, Lebanon
Activity: Cafe

About the Loan

Loan Amount: $1,500.00
Loan Use: Rabih will use the loan to purchase merchandise and a coffee machine for his shop
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 1, 2009
Date Disbursed: Apr 15, 2009
Date Funded:Jun 19, 2009

About the Country

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



Rabih is a 50-year-old man who lives in Tripoli in northern Lebanon. Rabih has owned a coffee shop for two years. He requested a loan of $1,500 from Kiva's partner Al Majmoua in order to purchase merchandise and a coffee machine for his shop. This is his second cycle and he has always paid on time.


His previous loan helped him improve his work and change the décor of his salon. Rabih is special in his work because he knows how to treat his clients. His clients are his friends, neighbors and others. When he first started his business, he had difficulty finding the proper place to open his shop. Rabih decided on doing his business because he wanted to improve his income. In the future, he plans on expanding his coffee shop.


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Journal entries for Rabih


Loan has been disbursed
 
Entrepreneur: Rabih
Location: Tripoli - North, Lebanon

Thank you for your loan. It has been disbursed to Rabih 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 Tripoli - North, Lebanon
Jun 20, 2009
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Kiva Help Repayment Schedule for Rabih

  Expected Repayments Actual Repayments Comments
August 2009 $250.00 $250.00 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 Repayment Received
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