Bassem
Status: Paying Back
| $700.00 | Loan Amount |
|---|
32% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Bassem |
|---|---|
| Location: | Borj Barajneh, Lebanon |
| Activity: | Laundry |
About the Loan
| Loan Amount: | $700.00 |
|---|---|
| Loan Use: | To do some maintenance on his machines |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Aug 1, 2009 |
| Date Disbursed: | Jun 15, 2009 |
| Date Funded: | Aug 16, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Al Majmoua Lebanese Association for Development |
|---|---|
| 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) |
Bassem is a 45-year-old man who lives with his wife and their child in Bourj El Barajneh, in the southern suburbs of Lebanon.
Bassem has owned a dry cleaning shop for twelve years. He has requested a loan of $700 from Al Majmoua in order to do some maintenance on his machines. This is his third loan and he has always repaid on time.
Bassem decided on his business because he wanted to have independent work. When he first started his business, he didn’t face difficulties. He is special in his work because he does it well. His clients are his friends and neighbors. In the future, he plans on expanding his business.
Bassem has owned a dry cleaning shop for twelve years. He has requested a loan of $700 from Al Majmoua in order to do some maintenance on his machines. This is his third loan and he has always repaid on time.
Bassem decided on his business because he wanted to have independent work. When he first started his business, he didn’t face difficulties. He is special in his work because he does it well. His clients are his friends and neighbors. In the future, he plans on expanding his business.
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Journal entries for Bassem
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Loan has been disbursed
Location: Borj Barajneh, Lebanon
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Posted by
from Borj Barajneh, Lebanon
Aug 17, 2009 |
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Comment on this entry
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Repayment Schedule for Bassem
Repayment Schedule for Bassem
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $116.66 | $110.00 |  Repayment Received
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| November 2009 | $58.33 | $59.00 | Repayment Received
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| December 2009 | $58.33 | $59.00 | |||
| January 2010 | $58.33 | Available Jan 1 | |||
| February 2010 | $58.33 | Available Feb 1 | |||
| March 2010 | $58.33 | Available Mar 1 | |||
| April 2010 | $58.33 | Available Apr 1 | |||
| May 2010 | $58.33 | Available May 1 | |||
| June 2010 | $58.33 | Available Jun 1 | |||
| July 2010 | $58.33 | Available Jul 1 | |||
| August 2010 | $58.37 | Available Aug 1 | |||
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