Abaass
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: | Abaass |
|---|---|
| Location: | Borj Barajneh, Lebanon |
| Activity: | Auto Repair |
About the Loan
| Loan Amount: | $1,500.00 |
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| Loan Use: | To purchase raw materials for business. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Oct 12, 2009 |
| Date Disbursed: | Sep 18, 2009 |
| Date Funded: | Oct 23, 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: | 1786 |
| Total Loans: | $1,860,200 |
| Delinquency Rate: | 0.74% |
| 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) |
Abaass is a 23 year old man who lives in Bourj El Barajneh, southern suburbs of Lebanon with his wife. Abaass has been a car painter for two years and a half. He works in the service and the maintenance of vehicles. Abaass requested a loan from Al Majmoua in order to purchase raw materials for business and reimburse his debts. Abaass is his second cycle and he has always paid on time.
His previous loan helped to start a family with a view to marriage. Abaass is characterized by his fast to implement all tasks entrusted to him. His clients are neighbors, friends or can be anybody. He had no liquidity at the beginning of his work but he was mastered in his business. Abaass plans to open a second branch in the future in the purpose of enlarging business.
His previous loan helped to start a family with a view to marriage. Abaass is characterized by his fast to implement all tasks entrusted to him. His clients are neighbors, friends or can be anybody. He had no liquidity at the beginning of his work but he was mastered in his business. Abaass plans to open a second branch in the future in the purpose of enlarging business.
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Journal entries for Abaass
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Loan has been disbursed
Location: Borj Barajneh, Lebanon
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Posted by
from Borj Barajneh, Lebanon
Oct 24, 2009 |
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Comment on this entry
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Repayment Schedule for Abaass
Repayment Schedule for Abaass
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $125.00 | $125.00 |  Repayment Received
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| 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 | |||
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