Gerjes


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: Gerjes
Location: Tripoli - North, Lebanon
Activity: Bakery

About the Loan

Loan Amount: $1,500.00
Loan Use: To do some maintenance work on his car.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Oct 13, 2009
Date Disbursed: Oct 12, 2009
Date Funded:Oct 20, 2009

About the Country

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



Gerjes is a 46 year old man who lives in Tripoli, northern Lebanon. Gerjes has been selling bread in his car. He sells to grocers stores, to other shops and he also sells in villages. He requested a loan from Al Majmoua in order to do some maintenance work on his car. This is his second cycle and he has always paid on time.
His previous loan helped him improve his work. Gerjes is special in his work because he knows how to treat his clients; since he sees them a lot, they became friends. His clients are his friends, neighbors and shops. When he first started his business, he didn’t face difficulty excepting the traffic in the street to get from one place to another. Gerjes decided on doing his business because he wanted to improve his income. In the future, he plans on expanding his work by going to other villages in the North.


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Journal entries for Gerjes


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

Thank you for your loan. It has been disbursed to Gerjes 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 21, 2009
Comments (2)

Kiva Help Repayment Schedule for Gerjes

  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