Moustapha

Status: Paid Back

$900
Loan Request
Pre-Disbursed : Nov 10, 2008
Listed: Dec 9, 2008
Funded: Dec 14, 2008
$900
Paid Back
Ended: Jan 12, 2010

About the Country

Country:Lebanon
Avg Annual Income:$5,900
Currency:United States Dollars (USD)


About the Loan

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Location: Saida - South, Lebanon   Repayment Term: 14 months
(more info)
Activity: Vehicle Repairs   Repayment Schedule: Monthly
Loan Use: Moustapha needs the loan to purchase items for his household.   Currency Exchange Loss: N/A
      Default Protection: Not Covered
Moustapha is a 33 year old man who lives in Saida, Southern Lebanon with his wife and their three children. He has been working as a car body repairman for 10 years. Moustapha requested a loan of 900 US dollars from Al Majmoua in order to purchase items for his household. Moustapha has been a micro credit client for seven years now and has always paid on time.
Moustapha has a good business because he only deals with car dealers. He repairs new cars, for example cars that have been in an accident. Moustapha plans to buy a house in the future.


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Journal entries for Moustapha


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

Thank you for your loan. It has been disbursed to Moustapha 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 next 12 months, 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 Saida - South, Lebanon
Dec 15, 2008
Comment on this entry

News about Moustapha
 
Entrepreneur: Moustapha
Location: Saida - South, Lebanon

The loan, disbursed by Lebanese MFI Al Majmoua, Lebanese Association for Development and supported by you Kiva lenders, has been almost repaid. Mooustapha is thankful for the opportunity the Al Majmoua - Kiva loan has given him.

If you would like to continue funding Lebanese entrepreneurs like Moustapha, please visit Al Majmoua is currently funding loans.


Posted by Sarah Baba from Saida - South, Lebanon
Jan 12, 2010
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Kiva Help Repayment Schedule for Moustapha

  Expected Repayments Actual Repayments Comments
February 2009 $75.00 $75.00 Repayment Received
March 2009 $75.00 $75.00 Repayment Received
April 2009 $75.00 $75.00 Repayment Received
May 2009 $75.00 $75.00 Repayment Received
June 2009 $75.00 $75.00 Repayment Received
July 2009 $75.00 $75.00 Repayment Received
August 2009 $75.00 $75.00 Repayment Received
September 2009 $75.00 $75.00 Repayment Received
October 2009 $75.00 $75.00 Repayment Received
November 2009 $75.00 $75.00 Repayment Received
December 2009 $75.00 $75.00 Repayment Received
January 2010 $75.00 $75.00 Repayment Received