Salah
Status: Paying Back
| $1,000.00 | Loan Amount |
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83% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Salah |
|---|---|
| Location: | Tyre, South, Lebanon |
| Activity: | Printing |
About the Loan
| Loan Amount: | $1,000.00 |
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| Loan Use: | Salah needs the loan to pay school fees and purchase supplies for his factory |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Dec 26, 2008 |
| Date Disbursed: | Dec 12, 2008 |
| Date Funded: | Dec 27, 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: | 1786 |
| Total Loans: | $1,860,200 |
| Delinquency Rate: | 0.74% |
| 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) |
Salah is a 42-year-old man who lives in Tyre, in southern Lebanon, with his wife and their three children. He has owned a printing factory, where he also sells cardboard, since 1982. He makes gift boxes, greeting cards, calendars, advertisement leaflets, and candy boxes.
He has requested a loan of $1000 US dollars from Al Majmoua to pay school fees and purchase some supplies for his factory. Salah has been a microcredit client for five years now and has always paid on time.
When he first started his business, he didn’t have enough cash to purchase all the machinery needed for his printing factory. His clients are from surrounding villages. In the future, he plans to expand his business by purchasing more machinery and become the biggest printing factory in the area.
He has requested a loan of $1000 US dollars from Al Majmoua to pay school fees and purchase some supplies for his factory. Salah has been a microcredit client for five years now and has always paid on time.
When he first started his business, he didn’t have enough cash to purchase all the machinery needed for his printing factory. His clients are from surrounding villages. In the future, he plans to expand his business by purchasing more machinery and become the biggest printing factory in the area.
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Journal entries for Salah
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Loan has been disbursed
Location: Tyre, South, Lebanon
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Posted by
from Tyre, South, Lebanon
Dec 28, 2008 |
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Comment on this entry
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Repayment Schedule for Salah
Repayment Schedule for Salah
| 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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