Ali
Status: Paying Back
| $1,500.00 | Loan Amount |
|---|
8% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Ali |
|---|---|
| Location: | Bekaa, Lebanon |
| Activity: | Auto Repair |
About the Loan
| Loan Amount: | $1,500.00 |
|---|---|
| Loan Use: | To purchase tools for his work |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Sep 8, 2009 |
| Date Disbursed: | Sep 7, 2009 |
| Date Funded: | Oct 1, 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: | 1786 |
| Total Loans: | $1,860,200 |
| Delinquency Rate: | 0.74% |
| 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 27-year-old man who lives in the Bekaa with his wife and their four children. He has been working as a car electrician.
Ali requested a loan of 1,500 US dollars from Al Majmoua in order to purchase tools for his work. This is the first time that he has requested a loan.
Ali is special in his work because he does it well. His clients are his friends, neighbors and people from his region. When he first started his business, he didn’t face difficulties. He decided on doing his business because he likes his work and he also wanted to improve his financial situation. In the future, he plans on expanding his business.
Ali requested a loan of 1,500 US dollars from Al Majmoua in order to purchase tools for his work. This is the first time that he has requested a loan.
Ali is special in his work because he does it well. His clients are his friends, neighbors and people from his region. When he first started his business, he didn’t face difficulties. He decided on doing his business because he likes his work and he also wanted to improve his financial situation. 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: Bekaa, Lebanon
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Posted by
from Bekaa, Lebanon
Oct 2, 2009 |
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Comment on this entry
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Repayment Schedule for Ali
Repayment Schedule for Ali
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $125.00 | $125.00 |  Repayment Received
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| January 2010 | $125.00 | Available Jan 1 | |||
| February 2010 | $125.00 | Available Feb 1 | |||
| March 2010 | $125.00 | Available Mar 1 | |||
| April 2010 | $125.00 | Available Apr 1 | |||
| May 2010 | $125.00 | Available May 1 | |||
| June 2010 | $125.00 | Available Jun 1 | |||
| July 2010 | $125.00 | Available Jul 1 | |||
| August 2010 | $125.00 | Available Aug 1 | |||
| September 2010 | $125.00 | Available Sep 1 | |||
| October 2010 | $125.00 | Available Oct 1 | |||
| November 2010 | $125.00 | Available Nov 1 | |||
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