Moustafa
Status: Paying Back
| $1,000.00 | Loan Amount |
|---|
8% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Moustafa |
|---|---|
| Location: | Beirut, Lebanon |
| Activity: | Auto Repair |
About the Loan
| Loan Amount: | $1,000.00 |
|---|---|
| Loan Use: | To purchase motorcycle spare parts for his work. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Sep 22, 2009 |
| Date Disbursed: | Sep 14, 2009 |
| Date Funded: | Oct 4, 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: | 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) |
Moustafa is a 33 year old man who lives in Beirut, capital of Lebanon with his wife and their three children. Moustafa has been working as a motorcycle repairer since 1999. He requested a loan from Al Majmoua in order to purchase motorcycle spare parts for his work. This is the first time that Moustafa has requested a loan.
Moustafa is special in his work because he does it well. His clients are his friends and neighbors. When Moustafa first started his business, he had financial issues. He decided on doing his business because of his experience, as well as he wanted to have an independent work. In the future, he plans on expanding.
Moustafa is special in his work because he does it well. His clients are his friends and neighbors. When Moustafa first started his business, he had financial issues. He decided on doing his business because of his experience, as well as he wanted to have an independent work. In the future, he plans on expanding.
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Journal entries for Moustafa
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Loan has been disbursed
Location: Beirut, Lebanon
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Posted by
from Beirut, Lebanon
Oct 5, 2009 |
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Comment on this entry
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Repayment Schedule for Moustafa
Repayment Schedule for Moustafa
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $83.33 | $87.00 |  Repayment Received
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| January 2010 | $83.33 | Available Jan 1 | |||
| February 2010 | $83.33 | Available Feb 1 | |||
| March 2010 | $83.33 | Available Mar 1 | |||
| April 2010 | $83.33 | Available Apr 1 | |||
| May 2010 | $83.33 | Available May 1 | |||
| June 2010 | $83.33 | Available Jun 1 | |||
| July 2010 | $83.33 | Available Jul 1 | |||
| August 2010 | $83.33 | Available Aug 1 | |||
| September 2010 | $83.33 | Available Sep 1 | |||
| October 2010 | $83.33 | Available Oct 1 | |||
| November 2010 | $83.37 | Available Nov 1 | |||
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