Abass
Status: Paying Back
| $800.00 | Loan Amount |
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91% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Abass |
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| Location: | Saida - South, Lebanon |
| Activity: | Motorcycle Repair |
About the Loan
| Loan Amount: | $800.00 |
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| Loan Use: | Abass needs the loan to purchase motorcycles. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Dec 16, 2008 |
| Date Disbursed: | Nov 18, 2008 |
| Date Funded: | Dec 16, 2008 |
About the Field Partner
About the Field Partner
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| Field Partner: | Al Majmoua Lebanese Association for Development |
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| 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) |
Abass is a 19 year-old man who lives in Tyre, southern Lebanon. He has been working as a motorcycle repairman since 2001, and he is also an employee. He requested a loan of 800 US dollars from Al Majmoua in order to purchase motorcycles.
This is the first time that Abass has requested a loan.
Abass is special in his work because he buys and sells new and used motorcycles, and he also repairs them. When he first started his business, he didn’t have enough cash for purchasing spare parts and motorcycles. Therefore, he decided to do this business because it is his hobby. He has experience and also has his family's support. In the future, he plans to expand his business.
This is the first time that Abass has requested a loan.
Abass is special in his work because he buys and sells new and used motorcycles, and he also repairs them. When he first started his business, he didn’t have enough cash for purchasing spare parts and motorcycles. Therefore, he decided to do this business because it is his hobby. He has experience and also has his family's support. In the future, he plans to expand his business.
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Journal entries for Abass
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Loan has been disbursed
Location: Saida - South, Lebanon
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Posted by
from Saida - South, Lebanon
Dec 17, 2008 |
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Comment on this entry
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Repayment Schedule for Abass
Repayment Schedule for Abass
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2009 | $66.67 | $67.00 |  Repayment Received
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| March 2009 | $66.67 | $67.00 | Repayment Received
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| April 2009 | $66.67 | $67.00 | Repayment Received
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| May 2009 | $66.67 | $67.00 | Repayment Received
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| June 2009 | $66.67 | $67.00 | Repayment Received
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| July 2009 | $66.67 | $67.00 | Repayment Received
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| August 2009 | $66.67 | $68.00 | Repayment Received
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| September 2009 | $66.67 | $66.00 | Repayment Received
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| October 2009 | $66.67 | $66.00 | Repayment Received
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| November 2009 | $66.67 | $66.00 | Repayment Received
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| December 2009 | $66.67 | $66.00 | Repayment Received
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| January 2010 | $66.63 | Available Jan 1 | |||
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