Youssef


Status: Paying Back

$3,000.00   Loan Amount
8% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Youssef
Location: Beirut, Lebanon
Activity: Shoe Sales

About the Loan

Loan Amount: $3,000.00
Loan Use: To purchase the new shoe winter collection
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 7, 2009
Date Disbursed: Sep 14, 2009
Date Funded:Oct 6, 2009

About the Country

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



Youssef is a 44-year-old man who lives in Beirut, the capital of Lebanon, with his wife and their three children.

Youssef has owned a shoe shop since 1994. He has requested a loan of 3,000 US dollars from Al Majmoua in order to purchase the new shoe winter collection. This is the first time that Youssef has requested a loan.

Youssef is special in his work because he offers good quality and choice of shoes. His clients are his friends and neighbors. When Youssef first started his business, he didn’t face difficulties. He decided on doing his business because of his experience. In the future, he plans on expanding by opening another shoe shop.


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Journal entries for Youssef


Loan has been disbursed
 
Entrepreneur: Youssef
Location: Beirut, Lebanon

Thank you for your loan. It has been disbursed to Youssef 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 Beirut, Lebanon
Oct 7, 2009
Comment on this entry

Kiva Help Repayment Schedule for Youssef

  Expected Repayments Actual Repayments Comments
December 2009 $250.00 $250.00 Repayment Received
January 2010 $250.00 Available Jan 1  
February 2010 $250.00 Available Feb 1  
March 2010 $250.00 Available Mar 1  
April 2010 $250.00 Available Apr 1  
May 2010 $250.00 Available May 1  
June 2010 $250.00 Available Jun 1  
July 2010 $250.00 Available Jul 1  
August 2010 $250.00 Available Aug 1  
September 2010 $250.00 Available Sep 1  
October 2010 $250.00 Available Oct 1  
November 2010 $250.00 Available Nov 1