Fahed


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: Fahed
Location: Borj Barajneh, Lebanon
Activity: Taxi

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase a new engine for his car
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Nov 21, 2008
Date Disbursed: Oct 20, 2008
Date Funded:Dec 16, 2008
Loan Ended:Aug 15, 2009

About the Country

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



Fahed is a 42-year-old man who lives in Bourj El Barajneh, in southern suburbs of Lebanon, with his wife and their three children. Fahed owns a taxi and, because of the age of his car, he wants to buy a new engine for it. Therefore, Fahed has requested a loan of $1000 to remove his old engine and buy a new one. This is the first time that he has requested a loan from Al Majmoua.

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Journal entries for Fahed


Loan has been disbursed
 
Entrepreneur: Fahed
Location: Borj Barajneh, Lebanon

Thank you for your loan. It has been disbursed to Fahed by Al Majmoua Lebanese Association for Development, a partner of Save the Children in Lebanon. We are excited to watch this business grow. Over the 12 months of this loan, Al Majmoua Lebanese Association for Development, a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Borj Barajneh, Lebanon
Dec 17, 2008
Comment on this entry

Kiva Help Repayment Schedule for Fahed

  Expected Repayments Actual Repayments Comments
February 2009 $166.66 $168.00 Repayment Received
March 2009 $83.33 $84.00 Repayment Received
April 2009 $83.33 $84.00 Repayment Received
May 2009 $83.33 $84.00 Repayment Received
June 2009 $83.33 $84.00 Repayment Received
July 2009 $83.33 $84.00 Repayment Received
August 2009 $83.33 $280.00 Repayment Received
September 2009 $83.33 $132.00 Repayment Received
October 2009 $83.33 $0.00 Repayment Received
November 2009 $83.33 $0.00 Repayment Received
December 2009 $83.37 Available Dec 1 Repayment Received