Fadlallah


Status: Paying Back

$500.00   Loan Amount
74% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Fadlallah
Location: Tyre, South, Lebanon
Activity: Sewing

About the Loan

Loan Amount: $500.00
Loan Use: To purchase merchandise for his business.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 26, 2009
Date Disbursed: Jan 20, 2009
Date Funded:Jan 26, 2009

About the Country

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



Fadlallah is a 52 year old man who lives in Tyre, southern Lebanon, with his wife and their two children. Fadlallah has been working as a sewer for twenty five years. Fadlallah is special in his work because he is good and has a lot of experience. His clients are friends, neighbors, schools and stores. When he first started his business he had difficulty building a network but no longer. In the future, he plans to purchase a new sewing machine.

He has requested a loan of 500 US dollars from Al Majmoua in order to purchase merchandise for his business. Fadlallah has been a microcredit client for six years now and has always paid on time. His previous loans have helped him improve his standard of living and he wants to do more.

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Journal entries for Fadlallah


Loan has been disbursed
 
Entrepreneur: Fadlallah
Location: Tyre, South, Lebanon

Thank you for your loan. It has been disbursed to Fadlallah 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 Tyre, South, Lebanon
Jan 27, 2009
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Kiva Help Repayment Schedule for Fadlallah

  Expected Repayments Actual Repayments Comments
April 2009 $41.67 $42.00 Repayment Received
May 2009 $41.67 $42.00 Repayment Received
June 2009 $41.67 $42.00 Repayment Received
July 2009 $41.67 $42.00 Repayment Received
August 2009 $41.67 $38.00 Repayment Received
September 2009 $41.67 $42.00 Repayment Received
October 2009 $41.67 $42.00 Repayment Received
November 2009 $41.67 $42.00 Repayment Received
December 2009 $41.67 $42.00  
January 2010 $41.67 Available Jan 1  
February 2010 $41.67 Available Feb 1  
March 2010 $41.63 Available Mar 1