Wissam


Status: Paying Back

$1,800.00   Loan Amount
0% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Wissam
Location: Beirut, Lebanon
Activity: Grocery Store

About the Loan

Loan Amount: $1,800.00
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 4, 2009

About the Country

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



Wissam is a 21-year-old man who lives in Beirut, the capital of Lebanon. Wissam owns a grocery store. He sells candies, raw materials, canned food, cheese, soft drinks and juices, bread, cleaning home products etc. His clients are his friends and neighbors. He requested a loan from Al Majmoua in order to purchase merchandise for his store. He has always repaid on time. His previous loans helped him improve his work by diversifying his merchandise. Wissam is special in his work because he owns a big variety of products. When Wissam first started his business, he passed through some financial issues. He decided on doing his business because he took over his father's store. His father has owned the store since 1972. In the future, he plans on expanding his work.


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Journal entries for Wissam


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

Thank you for your loan. It has been disbursed to Wissam 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
Nov 5, 2009
Comment on this entry

Kiva Help Repayment Schedule for Wissam

  Expected Repayments Actual Repayments Comments
January 2010 $300.00 Available Jan 1  
February 2010 $150.00 Available Feb 1  
March 2010 $150.00 Available Mar 1  
April 2010 $150.00 Available Apr 1  
May 2010 $150.00 Available May 1  
June 2010 $150.00 Available Jun 1  
July 2010 $150.00 Available Jul 1  
August 2010 $150.00 Available Aug 1  
September 2010 $150.00 Available Sep 1  
October 2010 $150.00 Available Oct 1  
November 2010 $150.00 Available Nov 1