Khaled


Status: Paying Back

$500.00   Loan Amount
7% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Khaled
Location: Tyre, South, Lebanon
Activity: Agriculture

About the Loan

Loan Amount: $500.00
Loan Use: To purchase tools.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 9, 2009
Date Disbursed: Sep 15, 2009
Date Funded:Oct 10, 2009

About the Country

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



Khaled is a 30 year-old man who lives in Tyre, southern Lebanon with his wife and their three children. For eight years, Khaled has been working as a tomato farmer. He is seeking a loan from Kiva partner Al Majmoua in order to purchase tools for his work. This is his second loan cycle and previously he always paid on time.


His previous loan helped him improve his business by producing more tomatoes. His clients are tomato traders. When Khaled first started his work, he didn’t face difficulties. He decided on this business because he learned it when he was young. In the future, he plans on improving his business further.


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Journal entries for Khaled


Loan has been disbursed
 
Entrepreneur: Khaled
Location: Tyre, South, Lebanon

Thank you for your loan. It has been disbursed to Khaled 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 Tyre, South, Lebanon
Oct 11, 2009
Comment on this entry

Kiva Help Repayment Schedule for Khaled

  Expected Repayments Actual Repayments Comments
December 2009 $41.67 $38.00  
January 2010 $41.67 Available Jan 1  
February 2010 $41.67 Available Feb 1  
March 2010 $41.67 Available Mar 1  
April 2010 $41.67 Available Apr 1  
May 2010 $41.67 Available May 1  
June 2010 $41.67 Available Jun 1  
July 2010 $41.67 Available Jul 1  
August 2010 $41.67 Available Aug 1  
September 2010 $41.67 Available Sep 1  
October 2010 $41.67 Available Oct 1  
November 2010 $41.63 Available Nov 1