Hasan


Status: Refunded

$1,500.00   Loan Request

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Hasan
Location: Bekaa, Lebanon
Activity: Restaurant

About the Loan

Loan Amount: $1,500.00
Loan Use: To purchase raw material and merchandise and change the décor of the shop.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 8, 2009
Date Disbursed: Aug 18, 2009
Date Funded:Sep 20, 2009
Refund Date:Oct 21, 2009

About the Country

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



Hasan is a 47 year old man who lives in the Bekaa with his wife and their three children. Hasan has owned a snack shop since 1991. He does falafel sandwiches. Falafel is a fried ball or patty made from spiced chickpeas and/or fava beans. Originally from Egypt, falafel is a popular form of fast food in the Middle East, where it is also served as a mezze. Hasan requested a loan of 1500 US dollars from Al Majmoua in order to purchase raw material and merchandise, as well as change the décor of the shop. This is his third cycle and he has always paid on time.
Hasan is special in his work because he is known for good and tasty falafel sandwiches. His clients can be anybody from his region. When he first started his business, he didn’t face difficulties. He decided on doing his business because he was unemployed and had to improve his financial situation. In the future, he plans on improving his business.


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Top Lending Teams for this entrepreneur


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Journal entries for Hasan


Loan has been disbursed
 
Entrepreneur: Hasan
Location: Bekaa, Lebanon

Thank you for your loan. It has been disbursed to Hasan 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 Bekaa, Lebanon
Sep 21, 2009
Comment on this entry

Loan Refunded
 
Entrepreneur: Hasan
Location: Bekaa, Lebanon

This loan has been refunded for the following reason:

This loan was submitted by error and is being funded by another project of the Field Partner. We apologize for the inconvenience and thank you for your continued support.

To view other profiles from this Field Partner that are still fundraising, just click on the following link: http://www.kiva.org/app.php?page=businesses&partner_id=77&status=fundRaising&sortBy=New+to+Old


Posted by Hind Tazi, Kiva Staff, from San Francisco, United States
Oct 21, 2009
Comment on this entry

Kiva Help Repayment Schedule for Hasan

  Expected Repayments Actual Repayments Comments
November 2009 $125.00 $125.00 Repayment Received
December 2009 $125.00 Available Dec 1  
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