Samar


Status: Paying Back

$1,500.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Samar
Location: Beirut, Lebanon
Activity: Beauty Salon

About the Loan

Loan Amount: $1,500.00
Loan Use: To purchase new tools, as well as to pay for her children’s school tuition
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 12, 2009
Date Disbursed: Oct 6, 2009
Date Funded:Oct 17, 2009

About the Country

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



Samar is a 35 year old woman who lives in Beirut, the capital of Lebanon, with her husband. Samar has been working as a hairdresser for ten years. Samar doesn’t own a hairdressing salon and doesn’t work from her house, rather she goes to her clients. This means she works only when she has clients. Samar requested a loan from Al Majmoua in order to purchase new tools, as well as to pay for her children’s school tuition. This is her second cycle and she has always paid on time.


Samar's work is special because she knows how to treat her clients well and is aware of new hairstyles. Her clients are her friends and neighbors. When she first started her business, she faced some financial issues which is why she decided to be a mobile hairdresser. Samar decided to do this business because of her experience. In the future, she plans on having more clients in order to have greater income.



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Journal entries for Samar


Loan has been disbursed
 
Entrepreneur: Samar
Location: Beirut, Lebanon

Thank you for your loan. It has been disbursed to Samar 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 Beirut, Lebanon
Oct 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Samar

  Expected Repayments Actual Repayments Comments
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  
December 2010 $125.00 Available Dec 1