Kassem
Status: Paying Back
| $2,000.00 | Loan Amount |
|---|
17% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Kassem |
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| Location: | Tyre, South, Lebanon |
| Activity: | Construction Supplies |
About the Loan
| Loan Amount: | $2,000.00 |
|---|---|
| Loan Use: | To purchase tools for his work. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Aug 20, 2009 |
| Date Disbursed: | Aug 11, 2009 |
| Date Funded: | Aug 24, 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) |
Kassem has been selling construction materials like iron, stones and sand for four years. He uses a truck for his work. His clients can be anybody, but they are mostly construction firms. When Kassem first started his work, he didn’t face difficulties. He decided on this business because he wanted to work independently.
Kassem is a 32-year-old man who lives in Tyre, Southern Lebanon, with his wife and their three children. He requested a loan of $2000 US from Al Majmoua in order to purchase tools for his work. This is his fourth loan cycle and he has always repaid on time. His previous loan helped him improve his business. In the future, he plans on improving his work by purchasing more sophisticated tools.
Kassem is a 32-year-old man who lives in Tyre, Southern Lebanon, with his wife and their three children. He requested a loan of $2000 US from Al Majmoua in order to purchase tools for his work. This is his fourth loan cycle and he has always repaid on time. His previous loan helped him improve his business. In the future, he plans on improving his work by purchasing more sophisticated tools.
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Journal entries for Kassem
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Loan has been disbursed
Location: Tyre, South, Lebanon
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Posted by
from Tyre, South, Lebanon
Aug 25, 2009 |
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Comment on this entry
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Repayment Schedule for Kassem
Repayment Schedule for Kassem
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| November 2009 | $166.67 | $174.00 |  Repayment Received
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| December 2009 | $166.67 | $166.00 | Repayment Received
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| January 2010 | $166.67 | Available Jan 1 | |||
| February 2010 | $166.67 | Available Feb 1 | |||
| March 2010 | $166.67 | Available Mar 1 | |||
| April 2010 | $166.67 | Available Apr 1 | |||
| May 2010 | $166.67 | Available May 1 | |||
| June 2010 | $166.67 | Available Jun 1 | |||
| July 2010 | $166.67 | Available Jul 1 | |||
| August 2010 | $166.67 | Available Aug 1 | |||
| September 2010 | $166.67 | Available Sep 1 | |||
| October 2010 | $166.63 | Available Oct 1 | |||
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