Laura


Status: Paying Back

$1,000.00   Loan Amount
42% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $1,000.00
Loan Use: Laura will use the loan to purchase merchandise for her work
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 1, 2009
Date Disbursed: Apr 14, 2009
Date Funded:Jul 9, 2009

About the Country

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



Laura is a 40-year-old woman who lives in Saida in southern Lebanon with her husband and their four children. Laura has been selling agrifood products for five years. She requested a loan of $1,000 from Al Majmoua in order to purchase merchandise for her work. This is her second cycle and she has always paid on time.


Her previous loans helped her improve her sales. Laura is an active woman who is always willing to participate in forums in order to sell her products. She is also very active within Al Majmoua, participating in several training sessions like vocational training, business-management training and lots more. Laura is special in her work because she is good with her agrifood products. Her clients are her friends, neighbors and others. When she first started her work, she didn’t have the start-up capital and didn’t have all the needed equipment. Laura decided on doing her work because she wanted to supplement her family’s income and because she likes working. In the future, she plans on expanding her business.


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Journal entries for Laura


Loan has been disbursed
 
Entrepreneur: Laura
Location: Saida - South, Lebanon

Thank you for your loan. It has been disbursed to Laura 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 Saida - South, Lebanon
Jul 10, 2009
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Kiva Help Repayment Schedule for Laura

  Expected Repayments Actual Repayments Comments
September 2009 $249.99 $168.00 Repayment Received
October 2009 $83.33 $84.00 Repayment Received
November 2009 $83.33 $84.00 Repayment Received
December 2009 $83.33 $84.00  
January 2010 $83.33 Available Jan 1  
February 2010 $83.33 Available Feb 1  
March 2010 $83.33 Available Mar 1  
April 2010 $83.33 Available Apr 1  
May 2010 $83.33 Available May 1  
June 2010 $83.37 Available Jun 1