Hassan


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: Hassan
Location: Nabatieh, Lebanon
Activity: Barber Shop

About the Loan

Loan Amount: $1,200.00
Loan Use: To buy cosmetic products
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 4, 2007
Date Disbursed: Dec 19, 2007
Date Funded:Dec 5, 2007
Loan Ended:Jan 15, 2009

About the Country

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



Hassan lives in south Lebanon in the region of Saida. Hassan is a 25-year-old barber who is intending engaged to be married. He would like a loan to purchase enough cosmetic products to generate revenues for his wedding. This is the third loan Hassan has requested from Al Majmoua, and he has a responsible history with them. Hassan would like a loan of $1200 to achieve his goal.

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Lenders to this entrepreneur

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Anonymous

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Casey
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Michael

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Elisabeth
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marek
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Rex
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Journal entries for Hassan


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

Thank you for your loan. It has been disbursed to Hassan Kalout by Al Majmoua- Lebanese Association for Dev in Lebanon. We are excited to watch this business grow. Over the next 12 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
Dec 19, 2007
Comment on this entry

Updates on Hassan
 
Entrepreneur: Hassan
Location: Nabatieh, Lebanon

Hassan has been working with Al Majmoua , Lebanese Association for Development. Hassan owns a barber 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 cosmetic products for his salon and some was used for his future wedding expanses. Hassan explained to us that his previous loans from Al Majmoua have allowed him to continually improve his shop. Hassan 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 Hassan, please visit Al Majmoua currently funding loans.


Posted by Sarah Baba from Nabatieh, Lebanon
Mar 30, 2009
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Kiva Help Repayment Schedule for Hassan

  Expected Repayments Actual Repayments Comments
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 $100.00 Repayment Received
January 2009 $100.00 $100.00 Repayment Received
February 2009 $100.00 $100.00 Repayment Received