Abbass Al Hajj

Status: Paid Back

$1,000.00		Loan Request
$1,000.00		Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)

Name:	Abbass Al Hajj
Location:	Nabatieh, Lebanon
Activity:	Grocery Store

About the Loan

Loan Amount:	$1,000.00
Loan Use:	To buy products for his grocery store
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	Covered
Date Listed:	Nov 6, 2007
Date Disbursed:	Nov 21, 2007
Date Funded:	Nov 7, 2007
Loan Ended:	Dec 15, 2008

About the Field Partner

Field Partner:

Al Majmoua Lebanese Association for Development

Field Partner Risk Rating:

(Learn more)

Active

26 months

1782

$1,852,500

0.75%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

Country:	Lebanon
Avg Annual Income:	$5,900.00
Currency:	Lebanon Pounds (LBP)
Exchange Rate:	1,507.7500 LBP = 1 USD

Abbass owns a grocery store and all the neighboring clients visit him. Abbass lives in Nabatieh, south of Lebanon with his wife and 3 children. He needs to purchase enough merchandise for his business in order to get enough income to support his family, especially since he was the victim of a work accident while working on his second job in the construction sector. He therefore needs to compensate the loss of income from his construction job, which he is no longer able to hold.

Lenders to this entrepreneur

Karen
Calgary, Alberta
Canada

Ingrid
North Miami, FL
United States

Kevin
Virginia Beach, VA
United States

Don
Louisville, CO
United States

Nick
Seattle, WA
United States

Scott
Albuquerque, NM
United States

Johanna
Kew Gardens, NY
United States

Rose
Quinby, VA
United States

Heather
Austin, TX
United States

Anonymous

Shadab
Dix Hills, NY
United States

Walter
Fairfield, CA
United States

Atsuides
beacon, NY
United States

Anonymous

Matti
Oslo, Oslo
Norway

Jessica
San Francisco, CA
United States

Julian
Dunstable, Bedfordshire
United Kingdom

Robert
Port Elgin, Ontario
Canada

Joe
Calgary, Alberta
Canada

Dale
Atlanta, GA
United States

Catholic
Pensacola, FL
United States

John
Austin, TX
United States

Anonymous
Laguna Woods, CA
United States

Ashish
Ashburn, VA
United States

Dawn
Palatine, IL
United States

Louise
Tucson, AZ
United States

Wou-Shyang
Saint Maur des Fosses,
France

Thirty Day Challenge
Manchester, Grtr. Manchester
United Kingdom

Glen and Krissy
Boston, MA
United States

Anonymous
San Diego, CA
United States

Benton
Brisbane, Queensland
Australia

Fundação MM
Ponta Delgada, Azores Portugal
Portugal

Journal entries for Abbass Al Hajj

Loan has been disbursed Entrepreneur: Abbass Al Hajj Location: Nabatieh, Lebanon Thank you for your loan. It has been disbursed to Abbass Al Hajj Ali by Al Majmoua- Lebanese Association for Dev in Lebanon. We are excited to watch this business grow. Over the next 12 - 18 months, Al Majmoua- Lebanese Association for Dev will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Nabatieh, Lebanon Nov 22, 2007
Comments (1)

Update on Abbass Entrepreneur: Abbass Al Hajj Location: Nabatieh, Lebanon Abbass has been working with Al Majmoua for few years, Lebanese Association for Development. Abbass owns a grocery shop. His last loan is already finished. He used the capital from his last loan, which was raised by Kiva lenders such as you, and disbursed by Al Majmoua, for a variety of purposes. Some of the money helped to purchase merchandise for his shop and some was used for his house. Abbass explained to us that his previous loans from Al Majmoua have allowed him to continually improve his shop. Abbass is very satisfied with his Kiva-Al Majmoua loan, and he is grateful for the opportunity this access to microfinance has provided him. If you would like to continue funding Lebanese Entrepreneurs like Abbass, please visit Al Majmoua currently funding loans .
Posted by Sarah Baba from Nabatieh, Lebanon Feb 23, 2009
Comment on this entry

Repayment Schedule for Abbass Al Hajj

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	Expected Repayments	Actual Repayments	Comments
February 2008	$83.33	$84.00	Repayment Received
March 2008	$83.33	$84.00	Repayment Received
April 2008	$83.33	$84.00	Repayment Received
May 2008	$83.33	$84.00	Repayment Received
June 2008	$83.33	$84.00	Repayment Received
July 2008	$83.33	$84.00	Repayment Received
August 2008	$83.33	$84.00	Repayment Received
September 2008	$83.33	$84.00	Repayment Received
October 2008	$83.33	$84.00	Repayment Received
November 2008	$83.33	$84.00	Repayment Received
December 2008	$83.33	$77.00	Repayment Received
January 2009	$83.37	$83.00	Repayment Received