Husein


Status: Paying Back

$800.00   Loan Amount
75% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Husein
Location: Bekaa, Lebanon
Activity: Taxi

About the Loan

Loan Amount: $800.00
Loan Use: Maintenance and a paint job for his taxi van.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 17, 2009
Date Disbursed: Dec 22, 2008
Date Funded:Jan 17, 2009

About the Country

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



Husein is a 49 year old man who lives in the Bekaa, Lebanon, with his wife and their four children.

Husein has been working as a taxi van driver for seven years. He has requested a loan 800 USD from Al Majmoua in order to do some maintenance work and paint his van. This is the first time that Husein has applied for a loan.

Husein's clients are passengers from different areas. He decided on driving a taxi because he knows all the regions in Lebanon, as well as in Syria. In the future, he plans to purchase a bus in order to transport more passengers.


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Journal entries for Husein


Loan has been disbursed
 
Entrepreneur: Husein
Location: Bekaa, Lebanon

Thank you for your loan. It has been disbursed to Husein 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 12 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 Bekaa, Lebanon
Jan 18, 2009
Comment on this entry

Kiva Help Repayment Schedule for Husein

  Expected Repayments Actual Repayments Comments
March 2009 $66.67 $67.00 Repayment Received
April 2009 $66.67 $67.00 Repayment Received
May 2009 $66.67 $67.00 Repayment Received
June 2009 $66.67 $67.00 Repayment Received
July 2009 $66.67 $67.00 Repayment Received
August 2009 $66.67 $69.00 Repayment Received
September 2009 $66.67 $66.00 Repayment Received
October 2009 $66.67 $66.00 Repayment Received
November 2009 $66.67 $66.00 Repayment Received
December 2009 $66.67 Available Dec 1  
January 2010 $66.67 Available Jan 1  
February 2010 $66.63 Available Feb 1