Abed El Mehsen


Status: Refunded

$1,000.00   Loan Request

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Abed El Mehsen
Location: Hasbaya, Lebanon
Activity: Livestock

About the Loan

Loan Amount: $1,000.00
Loan Use: To increase his livestock by purchasing a dairy cow.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: Covered
Date Listed: Sep 15, 2009
Date Disbursed: Sep 4, 2009
Date Funded:Sep 19, 2009
Refund Date:Oct 21, 2009

About the Country

Country:Lebanon
Avg Annual Income:$5,900.00
Currency:Lebanon Pounds (LBP)
Exchange Rate:1,502.0000 LBP = 1 USD



Abed El Mehsen is a 57-year-old man who lives in southern Lebanon with his wife and their three children. Abed El Mehsen has owned livestock since 1989. He produces milk and cheese. He is requesting a loan from Al Majmoua in order to increase his livestock by purchasing a dairy cow. This is the first time that Abed El Mehsen has requested a loan.
Abed El Mehsen has a lot of experience in dealing with his livestock. His clients are his friends, neighbors and people from his region. When he first started his business, he didn’t have a lot of cash. Abed El Mehsen decided on doing his business because of his experience. In the future, he plans on expanding his livestock.


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Journal entries for Abed El Mehsen


Loan has been disbursed
 
Entrepreneur: Abed El Mehsen
Location: Hasbaya, Lebanon

Thank you for your loan. It has been disbursed to Abed El Mehsen 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 Hasbaya, Lebanon
Sep 20, 2009
Comment on this entry

Loan Refunded
 
Entrepreneur: Abed El Mehsen
Location: Hasbaya, 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 Abed El Mehsen

  Expected Repayments Actual Repayments Comments
December 2009 $83.33 Available Dec 1  
January 2010 $83.34 Available Jan 1  
February 2010 $83.33 Available Feb 1  
March 2010 $83.33 Available Mar 1  
April 2010 $83.34 Available Apr 1  
May 2010 $83.33 Available May 1  
June 2010 $83.33 Available Jun 1  
July 2010 $83.34 Available Jul 1  
August 2010 $83.33 Available Aug 1  
September 2010 $83.33 Available Sep 1  
October 2010 $83.34 Available Oct 1  
November 2010 $83.33 Available Nov 1