Mona


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: Mona
Location: Beirut, Lebanon
Activity: Sewing

About the Loan

Loan Amount: $1,500.00
Loan Use: To purchase thread for her work and repair her sewing machine.
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 15, 2009

About the Country

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



Mona is a 44 year old divorced woman who lives in Beirut, capital of Lebanon and has five children. Mona has been working as a sewer for two years. Mona is special in her work because of her experience and she can sew all type of clothes. Her clients are her friends and neighbors. Mona requested a loan from Al Majmoua in order to purchase thread for her work and repair her sewing machine. This is her second cycle and she has always paid on time.
When she first started her business, she was newly divorced and therefore had financial issues because she used to be a housewife. Mona decided on doing her business because of her experience, and especially because she needed to make her own living. In the future, she plans on having more clients in order to have a better income.



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Journal entries for Mona


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

Thank you for your loan. It has been disbursed to Mona 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 16, 2009
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Kiva Help Repayment Schedule for Mona

  Expected Repayments Actual Repayments Comments
December 2009 $125.00 $125.00 Repayment Received
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