Hussein


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: Hussein
Location: Hasbaya, Lebanon
Activity: Blacksmith

About the Loan

Loan Amount: $1,000.00
Loan Use: Hussein will use the loan to purchase tools 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 21, 2009
Date Funded:Jul 3, 2009

About the Country

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



Hussein is an 18-year-old man who lives in Bint Jbeil. Hussein has been working as a blacksmith for two years. He requested a loan of 1000 US dollars from Al Majmoua, Kiva's partner, in order to purchase tools for his work. This is the first time that Hussein has requested a loan.


Hussein is special in his work because he does it well. His clients are people from his region. When he first started his business, he didn’t have the startup capital. Hussein decided on doing his business because of his experience. In the future, he plans on expanding his business into a new region.


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Top Lending Teams for this entrepreneur


Belgium
Local Area
235 Members

KivaFriends.org
Common Interest
956 Members

Anvil Metal Pounders Union (Local 666)
Common Interest
5 Members

Journal entries for Hussein


Loan has been disbursed
 
Entrepreneur: Hussein
Location: Hasbaya, Lebanon

Thank you for your loan. It has been disbursed to Hussein 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 Hasbaya, Lebanon
Jul 4, 2009
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Kiva Help Repayment Schedule for Hussein

  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