Ali
Status: Paying Back
| $1,200.00 | Loan Amount |
|---|
8% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Ali |
|---|---|
| Location: | Borj Barajneh, Lebanon |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $1,200.00 |
|---|---|
| Loan Use: | To purchase merchandise for his store. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Oct 15, 2009 |
| Date Disbursed: | Sep 18, 2009 |
| Date Funded: | Oct 28, 2009 |
About the Field Partner
About the Field Partner
|
|
| Field Partner: | Al Majmoua Lebanese Association for Development |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 1783 |
| Total Loans: | $1,855,000 |
| Delinquency Rate: | 0.75% |
| 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) |
Ali is a 45-year-old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon, with his wife and their five children. Ali has owned a grocery store for fourteen years. He sells canned food, candies, biscuits, soft drinks and juices, sanitary products and lots more. Ali is special in his work because he knows how to treat his clients and offers a wide range of products. His clients are his friends, neighbors and others.
Ali requested a loan from Al Majmoua in order to purchase merchandise for his store. This is the first time that Ali has requested a loan. When he first started his business, he didn’t have enough cash to expand his stock. He decided on doing his business because he wanted to have an independent job. In the future, he plans on improving his business.
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Journal entries for Ali
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Loan has been disbursed
Location: Borj Barajneh, Lebanon
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Posted by
from Borj Barajneh, Lebanon
Oct 29, 2009 |
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Comments (1)
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Repayment Schedule for Ali
Repayment Schedule for Ali
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| December 2009 | $100.00 | $100.00 |  Repayment Received
|
||
| January 2010 | $100.00 | Available Jan 1 | |||
| February 2010 | $100.00 | Available Feb 1 | |||
| March 2010 | $100.00 | Available Mar 1 | |||
| April 2010 | $100.00 | Available Apr 1 | |||
| May 2010 | $100.00 | Available May 1 | |||
| June 2010 | $100.00 | Available Jun 1 | |||
| July 2010 | $100.00 | Available Jul 1 | |||
| August 2010 | $100.00 | Available Aug 1 | |||
| September 2010 | $100.00 | Available Sep 1 | |||
| October 2010 | $100.00 | Available Oct 1 | |||
| November 2010 | $100.00 | Available Nov 1 | |||
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