Khaled


Status: Paying Back

$1,000.00   Loan Amount
41% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Khaled
Location: Tyre, South, Lebanon
Activity: Cafe

About the Loan

Loan Amount: $1,000.00
Loan Use: Khaled will use the loan to purchase a new coffee machine and some merchandise for his shop.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 1, 2009
Date Disbursed: May 20, 2009
Date Funded:Jun 21, 2009

About the Country

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



Khaled is a 48 year old man who lives in Tyre, southern Lebanon with his wife and their five children. Khaled has owned a coffee shop. He requested a loan of 1000 US dollars from Al Majmoua in order to purchase a new coffee machine and some merchandise for his shop. This is the first time that Khaled has requested a loan.
Khaled is special in his work because he knows how to treat his clients and clients feel comfortable going to his coffee shop. His clients are his friend, neighbors and others. When he first started his business, he didn’t face difficulties. Khaled decided on doing his business because he wanted to have an independent work and he always wanted to have a coffee shop. In the future, he plans on expanding his work.


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Journal entries for Khaled


Loan has been disbursed
 
Entrepreneur: Khaled
Location: Tyre, South, Lebanon

Thank you for your loan. It has been disbursed to Khaled 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 Tyre, South, Lebanon
Jun 22, 2009
Comment on this entry

Kiva Help Repayment Schedule for Khaled

  Expected Repayments Actual Repayments Comments
August 2009 $83.33 $87.00 Repayment Received
September 2009 $83.33 $83.00 Repayment Received
October 2009 $83.33 $83.00 Repayment Received
November 2009 $83.33 $83.00 Repayment Received
December 2009 $83.33 $83.00 Repayment Received
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