Ali
Status: Paying Back
| $1,000.00 | Loan Amount |
|---|
83% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Ali |
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| Location: | Borj Barajneh, Lebanon |
| Activity: | Vehicle Repairs |
About the Loan
| Loan Amount: | $1,000.00 |
|---|---|
| Loan Use: | To purchase auto mechanical machines for his business. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Dec 12, 2008 |
| Date Disbursed: | Dec 4, 2008 |
| Date Funded: | Dec 15, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Al Majmoua Lebanese Association for Development |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 1782 |
| Total Loans: | $1,852,500 |
| Delinquency Rate: | 0.75% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Lebanon |
|---|---|
| Avg Annual Income: | $5,900.00 |
| Currency: | United States Dollars (USD) |
Ali, 30, lives in Bourj el Barajneh, in the southern suburbs of Lebanon with his wife and their three children. Ali has been working as a car mechanic for almost ten years. He is requesting a loan of $1000US from Al Majmoua in order to purchase machines for his business. This is his sixth loan and he has always paid on schedule.
Ali decided to start his business because he has been repairing cars since he was young. He is in demand because he has competitive prices and performs quality work. In the future, he plans to expand his business by purchasing more sophisticated machines.
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Journal entries for Ali
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Loan has been disbursed
Location: Borj Barajneh, Lebanon
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Posted by
from Borj Barajneh, Lebanon
Dec 16, 2008 |
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Comment on this entry
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Repayment Schedule for Ali
Repayment Schedule for Ali
| Expected Repayments | Actual Repayments | Comments | |||
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| March 2009 | $83.33 | $84.00 |  Repayment Received
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| April 2009 | $83.33 | $84.00 | Repayment Received
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| May 2009 | $83.33 | $84.00 | Repayment Received
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| June 2009 | $83.33 | $84.00 | Repayment Received
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| July 2009 | $83.33 | $84.00 | Repayment Received
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| August 2009 | $83.33 | $82.00 | Repayment Received
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| September 2009 | $83.33 | $83.00 | Repayment Received
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| October 2009 | $83.33 | $83.00 | Repayment Received
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| November 2009 | $83.33 | $83.00 | Repayment Received
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| December 2009 | $83.33 | $83.00 | Repayment Received
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| January 2010 | $83.33 | Available Jan 1 | |||
| February 2010 | $83.37 | Available Feb 1 | |||
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