Ibrahim


Status: Paying Back

$1,000.00   Loan Amount
8% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Ibrahim
Location: Saida - South, Lebanon
Activity: Auto Repair

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase an air compressor
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 2, 2009
Date Disbursed: Sep 15, 2009
Date Funded:Sep 10, 2009

About the Country

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



Ibrahim is a 45-year old man who lives in Saida, southern Lebanon with his wife and nine children. Ibrahim has been working as a car painter and repairer for the last twenty-five years. Ibrahim is asking for a loan of $ 1000 US from Kiva partner Al Majmoua in order to purchase an air compressor. This would be his second loan cycle and he has always paid on time.


Ibrahim is good at his work because he knows how to treat clients and does a good job. His clients are friends, neighbors and others. When he first started his business, he didn’t face difficulties save that he didn’t have all the required tools. Ibrahim decided to do this business because he learned it when he was young. In the future, he plans on expanding his business.


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Journal entries for Ibrahim


Loan has been disbursed
 
Entrepreneur: Ibrahim
Location: Saida - South, Lebanon

Thank you for your loan. It has been disbursed to Ibrahim by Al Majmoua Lebanese Association for Development in Lebanon. We are excited to watch this business grow. Over the 12 months of this loan, Al Majmoua Lebanese Association for Development will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Saida - South, Lebanon
Sep 15, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ibrahim

  Expected Repayments Actual Repayments Comments
December 2009 $83.33 $87.00 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 $83.33 Available Jul 1  
August 2010 $83.33 Available Aug 1  
September 2010 $83.33 Available Sep 1  
October 2010 $83.33 Available Oct 1  
November 2010 $83.37 Available Nov 1