Sami


Status: Paying Back

$1,500.00   Loan Amount
33% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Sami
Location: Bekaa, Lebanon
Activity: Services

About the Loan

Loan Amount: $1,500.00
Loan Use: Sami will use the loan to purchase fuel.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 1, 2009
Date Disbursed: May 19, 2009
Date Funded:Jun 22, 2009

About the Country

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



Sami is a 34 year old man who lives in the Bekaa with his wife and their two children. Sami has been working as a fuel distributor for nine years. Since, in his region there is a lot of electricity shot down, the inhabitants needs to have a generator to have electricity. Sami requested a loan of 1500 US dollars from Al Majmoua in order to purchase fuel. This is the first time that Sami has requested a loan.
Sami is special in his work because he serves the people in his village. His clients are his friends and neighbors. When he first started his business, he didn’t face difficulties. He decided on doing his business because he wanted to improve his financial situation. In the future, he plans on expanding his business by opening a gasoil station.


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Journal entries for Sami


Loan has been disbursed
 
Entrepreneur: Sami
Location: Bekaa, Lebanon

Thank you for your loan. It has been disbursed to Sami 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
Jun 23, 2009
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Kiva Help Repayment Schedule for Sami

  Expected Repayments Actual Repayments Comments
August 2009 $125.00 $125.00 Repayment Received
September 2009 $125.00 $125.00 Repayment Received
October 2009 $125.00 $125.00 Repayment Received
November 2009 $125.00 $125.00 Repayment Received
December 2009 $125.00 Available Dec 1  
January 2010 $125.00 Available Jan 1  
February 2010 $125.00 Available Feb 1  
March 2010 $125.00 Available Mar 1  
April 2010 $125.00 Available Apr 1  
May 2010 $125.00 Available May 1  
June 2010 $125.00 Available Jun 1  
July 2010 $125.00 Available Jul 1