Hashem


Status: Paying Back

$2,000.00   Loan Amount
8% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $2,000.00
Loan Use: To purchase seasonal clothing
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)



Hashem is a 35-year-old man who lives in Beirut, the capital of Lebanon.

Hashem has owned a clothing shop since 1999. He sells, T-shirts, pajamas, sportswear, etc. He has requested a loan of 2,000 US dollars from Al Majmoua in order to purchase merchandise since the winter season is coming. This is the first time that he has requested a loan.

Hashem is special in his work because he offers a big variety of clothes. His clients are his friends and neighbors. When he first started his business, he didn’t face difficulties. He decided on doing his business because of his experience since he used to work with his father. In the future, he plans on expanding his business.


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Journal entries for Hashem


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

Thank you for your loan. It has been disbursed to Hashem 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 Hashem

  Expected Repayments Actual Repayments Comments
December 2009 $166.67 $174.00 Repayment Received
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 $166.67 Available Oct 1  
November 2010 $166.63 Available Nov 1