Fadi
Status: Paying Back
| $3,000.00 | Loan Amount |
|---|
50% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Fadi |
|---|---|
| Location: | Aley - Chouf, Lebanon |
| Activity: | Blacksmith |
About the Loan
| Loan Amount: | $3,000.00 |
|---|---|
| Loan Use: | Fadi will use the loan to purchase tools and iron for his work |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Jul 1, 2009 |
| Date Disbursed: | Apr 27, 2009 |
| Date Funded: | Jul 2, 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) |
Fadi is a 49-year-old man who lives in Aley, Mount Lebanon, with his wife. Fadi has been working as a blacksmith for 29 years. He requested a loan of $3,000 from Kiva's partner Al Majmoua in order to purchase tools and iron for his work. This is his second cycle and he has always paid on time.
His previous loans helped him improve his work. Fadi is special in his work because of his experience. When he first started his business, he didn’t face any difficulties. Fadi decided on doing his business because he wanted to have independent work. In the future, he plans on expanding his work.
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Journal entries for Fadi
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Loan has been disbursed
Location: Aley - Chouf, Lebanon
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Posted by
from Aley - Chouf, Lebanon
Jul 3, 2009 |
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Comment on this entry
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Repayment Schedule for Fadi
Repayment Schedule for Fadi
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| September 2009 | $750.00 | $750.00 |  Repayment Received
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| October 2009 | $250.00 | $250.00 | Repayment Received
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| November 2009 | $250.00 | $250.00 | Repayment Received
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| December 2009 | $250.00 | $250.00 | Repayment Received
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| January 2010 | $250.00 | Available Jan 1 | |||
| February 2010 | $250.00 | Available Feb 1 | |||
| March 2010 | $250.00 | Available Mar 1 | |||
| April 2010 | $250.00 | Available Apr 1 | |||
| May 2010 | $250.00 | Available May 1 | |||
| June 2010 | $250.00 | Available Jun 1 | |||
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