Ali
Status: Paying Back
| $2,500.00 | Loan Amount |
|---|
25% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Ali |
|---|---|
| Location: | Saida - South, Lebanon |
| Activity: | Restaurant |
About the Loan
| Loan Amount: | $2,500.00 |
|---|---|
| Loan Use: | To purchase merchandise for his restaurant |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Aug 1, 2009 |
| Date Disbursed: | Jul 1, 2009 |
| Date Funded: | Aug 22, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Al Majmoua Lebanese Association for Development |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 1782 |
| Total Loans: | $1,852,500 |
| 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) |
Ali is a 39-year-old man who lives with his wife and their three children in Saida, southern Lebanon. He has owned a small restaurant for twenty years where he creates traditional Lebanese cooking like hummos (made from chickpeas) and ful (made from fava beans).
Ali requested a loan of 2500 US dollars from Al Majmoua in order to purchase merchandise for his resaurant like vegetables, raw materials and drinks. This is his fourth loan and he has always repaid on time.
Ali is special in his work because he knows how to treat his clients and he sells a good quality product. His clients are his friends and neighbors. When he first started his business, he didn’t face difficulties. He decided on his business because he wanted to have independent work. In the future, he plans on expanding his business.
Ali requested a loan of 2500 US dollars from Al Majmoua in order to purchase merchandise for his resaurant like vegetables, raw materials and drinks. This is his fourth loan and he has always repaid on time.
Ali is special in his work because he knows how to treat his clients and he sells a good quality product. His clients are his friends and neighbors. When he first started his business, he didn’t face difficulties. He decided on his business because he wanted to have independent work. In the future, he plans on expanding his business.
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Journal entries for Ali
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Loan has been disbursed
Location: Saida - South, Lebanon
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Posted by
from Saida - South, Lebanon
Aug 23, 2009 |
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Comments (1)
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Repayment Schedule for Ali
Repayment Schedule for Ali
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| October 2009 | $208.33 | $209.00 |  Repayment Received
|
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| November 2009 | $208.33 | $209.00 | Repayment Received
|
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| December 2009 | $208.33 | $209.00 | Repayment Received
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| January 2010 | $208.33 | Available Jan 1 | |||
| February 2010 | $208.33 | Available Feb 1 | |||
| March 2010 | $208.33 | Available Mar 1 | |||
| April 2010 | $208.33 | Available Apr 1 | |||
| May 2010 | $208.33 | Available May 1 | |||
| June 2010 | $208.33 | Available Jun 1 | |||
| July 2010 | $208.33 | Available Jul 1 | |||
| August 2010 | $208.33 | Available Aug 1 | |||
| September 2010 | $208.37 | Available Sep 1 | |||
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