Ali
Status: Paying Back
| $3,000.00 | Loan Amount |
|---|
16% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Ali |
|---|---|
| Location: | Bekaa, Lebanon |
| Activity: | Taxi |
About the Loan
| Loan Amount: | $3,000.00 |
|---|---|
| Loan Use: | To paint and do some maintenance work on his van |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Sep 8, 2009 |
| Date Disbursed: | Aug 11, 2009 |
| Date Funded: | Oct 8, 2009 |
About the Field Partner
About the Field Partner
|
|
| 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) |
Ali is a 28-year-old man who lives in the Bekaa with his wife. Ali has been working as a taxi van driver. He drives from the Bekaa to Beirut (the capital of Lebanon) round-trip, which takes over two hours driving and he does the ride more than once a day.
Ali requested a loan of 3,000 US dollars from Al Majmoua in order to paint and do some maintenance work on his van. This is his second loan and he has always paid on time.
Ali is special in his work because he knows how to take care of his clients who can be anybody from his region. When he first started his business, he had to pay the rent of the van. He decided on doing his business because he wanted to have independent work as well as to improve his financial situation. In the future, he plans on expanding his business by trading in cars.
Ali requested a loan of 3,000 US dollars from Al Majmoua in order to paint and do some maintenance work on his van. This is his second loan and he has always paid on time.
Ali is special in his work because he knows how to take care of his clients who can be anybody from his region. When he first started his business, he had to pay the rent of the van. He decided on doing his business because he wanted to have independent work as well as to improve his financial situation. In the future, he plans on expanding his business by trading in cars.
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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 9, 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 | $500.00 | $500.00 |  Repayment Received
|
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| 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 | |||
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