Samer


Status: Refunded

$1,100.00   Loan Request

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Samer
Location: Nabatieh, Lebanon
Activity: Utilities

About the Loan

Loan Amount: $1,100.00
Loan Use: To do some maintenance work on his equipment.
Repayment Term: 18 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 18, 2009
Date Disbursed: Jan 12, 2009
Date Funded:Jan 18, 2009
Refund Date:Jan 19, 2009

About the Country

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



Samer is a 35-year-old man who lives in Nabatieh, southern Lebanon with his wife and their two children. Samer has been renting household satellites for ten years. He also provides monthly subscriptions for households. Samer requested a loan of 1100 US dollars from Al Majouma (Kiva's Field Partner) in order to do some maintenance work for his machines. Samer has been a microcredit client for seven years now and has always paid on time.



The previous loans helped Samer have secure cash, which helped him improve his business. His clients are all from his area. He decided to do this business because of the capital and his experience. In the future, he plans to improve the network in order to have more clients and expand his business to other areas.


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Journal entries for Samer


Loan has been disbursed
 
Entrepreneur: Samer
Location: Nabatieh, Lebanon

Thank you for your loan. It has been disbursed to Samer 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 16 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 Nabatieh, Lebanon
Jan 19, 2009
Comment on this entry

Loan Refunded
 
Entrepreneur: Samer
Location: Nabatieh, Lebanon

This loan has been refunded for the following reason:

Samer is currently in the process of paying back another Kiva loan that has not yet reached its term. While some field partners allow borrowers to have multiple concurrent loans, Kiva's policy is that the borrower must complete repaying the previous loan before an additional request is made.


Posted by Hind Tazi, Kiva Staff, from San Francisco, United States
Jan 19, 2009
Comment on this entry

Kiva Help Repayment Schedule for Samer

  Expected Repayments Actual Repayments Comments
April 2009 $68.75 $0.00 Repayment Received
May 2009 $68.75 $0.00 Repayment Received
June 2009 $68.75 $0.00 Repayment Received
July 2009 $68.75 $0.00 Repayment Received
August 2009 $68.75 $0.00 Repayment Received
September 2009 $68.75 $0.00 Repayment Received
October 2009 $68.75 $0.00 Repayment Received
November 2009 $68.75 $0.00 Repayment Received
December 2009 $68.75 Available Dec 1 Repayment Received
January 2010 $68.75 Available Jan 1 Repayment Received
February 2010 $68.75 Available Feb 1 Repayment Received
March 2010 $68.75 Available Mar 1 Repayment Received
April 2010 $68.75 Available Apr 1 Repayment Received
May 2010 $68.75 Available May 1 Repayment Received
June 2010 $68.75 Available Jun 1 Repayment Received
July 2010 $68.75 Available Jul 1 Repayment Received