Rajaa


Status: Paying Back

$2,000.00   Loan Amount
50% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Rajaa
Location: Aley - Chouf, Lebanon
Activity: Food Production/Sales

About the Loan

Loan Amount: $2,000.00
Loan Use: Rajaa will use the loan to purchase merchandise and a machine for his sandwiches.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 1, 2009
Date Disbursed: Apr 13, 2009
Date Funded:Jul 22, 2009

About the Country

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



Rajaa is a 40-year-old man who lives in Aley, Mount Lebanon, with his wife and their child. Rajaa has owned a snack business for a year. He makes sandwiches. He requested a loan of $2,000 US dollars from Al Majmoua in order to purchase merchandise and a machine for his sandwiches. This is the first time that Rajaa has requested a loan. Rajaa is special in his work because he does it well and he is known for his good sandwiches. His clients are his friends, neighbors, and people from his region. When he first started his business, he had difficulty networking. Rajaa decided on starting his business because of his experience. In the future, he plans on expanding his snack business.

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Journal entries for Rajaa


Loan has been disbursed
 
Entrepreneur: Rajaa
Location: Aley - Chouf, Lebanon

Thank you for your loan. It has been disbursed to Rajaa 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 Aley - Chouf, Lebanon
Jul 23, 2009
Comment on this entry

Kiva Help Repayment Schedule for Rajaa

  Expected Repayments Actual Repayments Comments
September 2009 $500.01 $506.00 Repayment Received
October 2009 $166.67 $166.00 Repayment Received
November 2009 $166.67 $166.00 Repayment Received
December 2009 $166.67 $166.00 Repayment Received
January 2010 $166.67 Available Jan 1  
February 2010 $166.67 Available Feb 1  
March 2010 $166.67 Available Mar 1  
April 2010 $166.67 Available Apr 1  
May 2010 $166.67 Available May 1  
June 2010 $166.63 Available Jun 1