Hasan


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: Hasan
Location: Borj Barajneh, Lebanon
Activity: Cafe

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase merchandise and phone cards for his work.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 13, 2009
Date Disbursed: Sep 15, 2009
Date Funded:Oct 26, 2009

About the Country

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



Hasan is a 39 year old man who lives in Bourj El Barajneh in the southern suburbs of Lebanon with his wife and their child. Hasan has been selling espresso coffee for three years. He has requested a loan from Al Majmoua in order to purchase merchandise and phone cards for his work. This is the first time that Hasan has requested a loan.
His clients are his neighbors and people from his region. Hasan decided on this business because he wanted to have independent work. In the future, he plans on opening a shop to sell mobile phones and phonecards.


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Journal entries for Hasan


Loan has been disbursed
 
Entrepreneur: Hasan
Location: Borj Barajneh, Lebanon

Thank you for your loan. It has been disbursed to Hasan 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 Borj Barajneh, Lebanon
Oct 27, 2009
Comment on this entry

Kiva Help Repayment Schedule for Hasan

  Expected Repayments Actual Repayments Comments
December 2009 $83.33 $87.00 Repayment Received
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