Ghassan


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: Ghassan
Location: Tripoli - North, Lebanon
Activity: Grocery Store

About the Loan

Loan Amount: $1,500.00
Loan Use: To purchase merchandise for his store.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 22, 2009
Date Disbursed: Sep 18, 2009
Date Funded:Oct 17, 2009

About the Country

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



Ghassan is a 53 year old man who lives in Tripoli, northern Lebanon. Ghassan has owned a grocery store. He requested a loan from Al Majmoua in order to purchase merchandise for his store. This is his second cycle and he has always paid on time.
His previous loan helped him improve his work by diversifying his merchandise. Ghassan is special in his work because he knows how to treat his clients. His clients are his friends, neighbors and others. When he first started his business, he had financial issues. Ghassan decided on doing his business because he wanted to improve his income. In the future, he plans on improving his store.


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Journal entries for Ghassan


Loan has been disbursed
 
Entrepreneur: Ghassan
Location: Tripoli - North, Lebanon

Thank you for your loan. It has been disbursed to Ghassan 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 Tripoli - North, Lebanon
Oct 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Ghassan

  Expected Repayments Actual Repayments Comments
December 2009 $125.00 $125.00 Repayment Received
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