Ali Aatalah


Status: Paying Back

$1,000.00   Loan Amount
75% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Ali Aatalah
Location: Bekaa, Lebanon
Activity: Grocery Store

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase merchandise for a store
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jul 1, 2009
Date Disbursed: Apr 23, 2009
Date Funded:Jul 23, 2009

About the Country

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



Ali Aatalah has owned a grocery store for seven years. He is successful in his work because he knows how to treat his clients well. His clients are his friends and neighbors. When he first started his business, he had financial issues and he also had health problems. Ali Aatalah decided on this business because he wanted to improve his financial situation.
He is a 40 year old man who lives in the Bekaa with his wife and their four children. Ali Aatalah is requesting a loan of $1000 US in order to purchase merchandise for his store. This is the first time that Ali Aatalah has requested a loan. In the future, he plans on further growing and improving his business.

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Journal entries for Ali Aatalah


Loan has been disbursed
 
Entrepreneur: Ali Aatalah
Location: Bekaa, Lebanon

Thank you for your loan. It has been disbursed to Ali Aatalah 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 Bekaa, Lebanon
Jul 24, 2009
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Kiva Help Repayment Schedule for Ali Aatalah

  Expected Repayments Actual Repayments Comments
September 2009 $249.99 $502.00 Repayment Received
October 2009 $83.33 $86.00 Repayment Received
November 2009 $83.33 $84.00 Repayment Received
December 2009 $83.33 $84.00 Repayment Received
January 2010 $83.33 Available Jan 1 Repayment Received
February 2010 $83.33 Available Feb 1 Repayment Received
March 2010 $83.33 Available Mar 1 Repayment Received
April 2010 $83.33 Available Apr 1  
May 2010 $83.33 Available May 1  
June 2010 $83.37 Available Jun 1