Nimer
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: | Nimer |
|---|---|
| Location: | Beirut, Lebanon |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $1,500.00 |
|---|---|
| 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 21, 2009 |
| Date Disbursed: | Sep 28, 2009 |
| Date Funded: | Nov 15, 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) |
Nimer is a 31-year-old man who lives in Beirut, the capital of Lebanon, with his wife and their three children.
Nimer owns a grocery store in which he sells candies, raw materials, canned food, cheese, soft drinks and juices, bread, cleaning home products, etc. 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 Nimer has requested a loan.
Nimer is special in his work because he sells a big variety of products. His clients are his friends and neighbors. Nimer knows how to suit his clients’ demands – for example, if a client wants something and Nimer doesn’t have it, he does his best to find it. When Nimer first started his business, he didn’t face difficulties. He decided on doing this business because he took over his father’s store; his father had owned the store since 1975.
In the future, Nimer plans on expanding his business by opening another grocery store.
Nimer owns a grocery store in which he sells candies, raw materials, canned food, cheese, soft drinks and juices, bread, cleaning home products, etc. 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 Nimer has requested a loan.
Nimer is special in his work because he sells a big variety of products. His clients are his friends and neighbors. Nimer knows how to suit his clients’ demands – for example, if a client wants something and Nimer doesn’t have it, he does his best to find it. When Nimer first started his business, he didn’t face difficulties. He decided on doing this business because he took over his father’s store; his father had owned the store since 1975.
In the future, Nimer plans on expanding his business by opening another grocery store.
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Journal entries for Nimer
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Loan to Nimer in Lebanon has been 100% funded
Location: Beirut, Lebanon
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Posted by
from Beirut, Lebanon
Nov 15, 2009 |
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Comment on this entry
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Repayment Schedule for Nimer
Repayment Schedule for Nimer
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| January 2010 | $250.00 | 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 | |||
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