Ali


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: Ali
Location: Saida - South, Lebanon
Activity: Spare Parts

About the Loan

Loan Amount: $1,200.00
Loan Use: to buy merchandise
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Dec 13, 2007
Date Disbursed: Dec 30, 2007
Date Funded:Dec 16, 2007
Loan Ended:Jan 15, 2009

About the Country

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



Ali is a 52 year old man. He lives in the South Lebanon, in the region of Saida, with his wife and three children. This is the fourth time Ali is asking for a loan from Al Majmoua. Ali owns a store in which he sells auto parts. He needs $1200 to buy merchandise for his store.

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Journal entries for Ali


Loan has been disbursed
 
Entrepreneur: Ali
Location: Saida - South, Lebanon

Thank you for your loan. It has been disbursed to Ali Al Hadi 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 Saida - South, Lebanon
Dec 31, 2007
Comments (1)

Updates on Ali
 
Entrepreneur: Ali
Location: Saida - South, Lebanon

Ali has been working with Al Majmoua, Lebanese Association for Development for the four years, and his last loan is finished. Ali owns a shop in where he sells car spare parts. 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. The loan helped him purchase merchandise for his shop. Ali 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 Ali, please visit Al Majmoua currently funding loans.


Posted by Sarah Baba from Saida - South, Lebanon
Mar 30, 2009
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Kiva Help Repayment Schedule for Ali

  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