Fouad
Status: Paying Back
| $1,000.00 | Loan Amount |
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41% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Fouad |
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| Location: | Tyre, South, Lebanon |
| Activity: | Construction |
About the Loan
| Loan Amount: | $1,000.00 |
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| Loan Use: | Fouad will use the loan to purchase electrical wires and pay for his children school tuition. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Jun 1, 2009 |
| Date Disbursed: | May 11, 2009 |
| Date Funded: | Jun 16, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Al Majmoua Lebanese Association for Development |
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| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 1783 |
| Total Loans: | $1,855,000 |
| 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) |
Fouad is a 41 year old man who lives in Tyre, southern Lebanon with his wife and their four children. Fouad has been working as a mason for three years. He requested a loan of 1000 US dollars from Al Majmoua in order to purchase electrical wires and pay for his children school tuition. This is his second cycle and he has always paid on time.
His previous loan helped him improve his business. His clients are his friends and neighbors. When Fouad first started his work, he had difficulty building networking and pay for his work equipment. In the future, he plans on improving his work by purchasing more sophisticated tools.
His previous loan helped him improve his business. His clients are his friends and neighbors. When Fouad first started his work, he had difficulty building networking and pay for his work equipment. In the future, he plans on improving his work by purchasing more sophisticated tools.
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Journal entries for Fouad
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Loan has been disbursed
Location: Tyre, South, Lebanon
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Posted by
from Tyre, South, Lebanon
Jun 16, 2009 |
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Comment on this entry
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Repayment Schedule for Fouad
Repayment Schedule for Fouad
| Expected Repayments | Actual Repayments | Comments | |||
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| August 2009 | $83.33 | $170.00 |  Repayment Received
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| September 2009 | $83.33 | $83.00 | Repayment Received
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| October 2009 | $83.33 | $83.00 | Repayment Received
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| November 2009 | $83.33 | $0.00 | Repayment Received
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| December 2009 | $83.33 | $83.00 | Repayment Received
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| 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 | $83.33 | Available Jun 1 | |||
| July 2010 | $83.37 | Available Jul 1 | |||
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