Sleiman


Status: Paid Back

$1,200.00   Loan Request
$1,200.00   Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Sleiman
Location: Nabatieh, Lebanon
Activity: Restaurant

About the Loan

Loan Amount: $1,200.00
Loan Use: To grow his business and buy a car
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 10, 2007
Date Disbursed: Nov 26, 2007
Date Funded:Nov 12, 2007
Loan Ended:Dec 15, 2008

About the Country

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



Sleiman is a 28 year old man who lives in south Lebanon in the region of Nabatieh. Sleiman has a restaurant in which he offers chicken, fench fries and other meals. Sleiman is a very ambitious and productive young man who is striving to provide for his family; his wife and his two children. This is the 5th time that Sleiman is asking for a loan from Al Majmoua to grow his business. Sleiman needs to generate enough revenue to be able to buy a car for his family. He wants to take his family for a drive and with all the hard work and efforts he is investing in his restaurant this would be a nice reward.

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Journal entries for Sleiman


Loan has been disbursed
 
Entrepreneur: Sleiman
Location: Nabatieh, Lebanon

Thank you for your loan. It has been disbursed to Sleiman Zbib 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 27, 2007
Comments (2)

News about Sleimn
 
Entrepreneur: Sleiman
Location: Nabatieh, Lebanon

Sleiman has been working with Al Majmoua, Lebanese Association for Development for six years. Sleiman has owned a restaurant in where he sells different type of food. 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, to purchase a family car and raw materials. Sleiman explained to us that his previous loans from Al Majmoua have allowed him to continually improve his restaurant. Sleiman 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 Sleiman, please visit Al Majmoua currently funding loans.


Posted by Sarah Baba from Nabatieh, Lebanon
Feb 27, 2009
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Kiva Help Repayment Schedule for Sleiman

  Expected Repayments Actual Repayments Comments
February 2008 $100.00 $100.00 Repayment Received
March 2008 $100.00 $100.00 Repayment Received
April 2008 $100.00 $100.00 Repayment Received
May 2008 $100.00 $100.00 Repayment Received
June 2008 $100.00 $100.00 Repayment Received
July 2008 $100.00 $100.00 Repayment Received
August 2008 $100.00 $100.00 Repayment Received
September 2008 $100.00 $100.00 Repayment Received
October 2008 $100.00 $100.00 Repayment Received
November 2008 $100.00 $100.00 Repayment Received
December 2008 $100.00 $0.00 Repayment Received
January 2009 $100.00 $200.00 Repayment Received