Abed Elrahman
Status: Paying Back
| $600.00 | Loan Amount |
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8% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Abed Elrahman |
|---|---|
| Location: | Beirut, Lebanon |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $600.00 |
|---|---|
| Loan Use: | To purchase merchandise for his store. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Oct 15, 2009 |
| Date Disbursed: | Sep 28, 2009 |
| Date Funded: | Oct 19, 2009 |
About the Field Partner
About the Field Partner
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| 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) |
Abed Elrahman is a 30 year old man who lives in Beirut, capital of Lebanon. Abed Elrahman has owned a grocery store since 2007. He sells candies, raw materials, canned food, cheese, Nutella, oil, sauces etc. Abed Elrahman is special in his work because he owns a big variety of products. His clients are his friends and neighbors. He requested a loan from Al Majmoua in order to purchase merchandise for his store to increase his stock. This is the first time that Abed Elrahman has requested a loan.
When Abed Elrahman first started his business, he didn’t have a lot of cash. He decided on doing his business because he wanted to have an independent work. In the future, he plans on expanding his work by opening another grocery store.
When Abed Elrahman first started his business, he didn’t have a lot of cash. He decided on doing his business because he wanted to have an independent work. In the future, he plans on expanding his work by opening another grocery store.
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Journal entries for Abed Elrahman
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Loan has been disbursed
Location: Beirut, Lebanon
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Posted by
from Beirut, Lebanon
Oct 20, 2009 |
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Comment on this entry
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Repayment Schedule for Abed Elrahman
Repayment Schedule for Abed Elrahman
| Expected Repayments | Actual Repayments | Comments | |||
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| December 2009 | $50.00 | $50.00 |  Repayment Received
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| January 2010 | $50.00 | Available Jan 1 | |||
| February 2010 | $50.00 | Available Feb 1 | |||
| March 2010 | $50.00 | Available Mar 1 | |||
| April 2010 | $50.00 | Available Apr 1 | |||
| May 2010 | $50.00 | Available May 1 | |||
| June 2010 | $50.00 | Available Jun 1 | |||
| July 2010 | $50.00 | Available Jul 1 | |||
| August 2010 | $50.00 | Available Aug 1 | |||
| September 2010 | $50.00 | Available Sep 1 | |||
| October 2010 | $50.00 | Available Oct 1 | |||
| November 2010 | $50.00 | Available Nov 1 | |||
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