Naseem


Status: Paying Back

$1,000.00   Loan Amount
75% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Naseem
Location: Aley - Chouf, Lebanon
Activity: Electronics Repair

About the Loan

Loan Amount: $1,000.00
Loan Use: to purchase new tools for his business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jan 27, 2009
Date Disbursed: Jan 19, 2009
Date Funded:Jan 27, 2009

About the Country

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



Naseem is a 51-year-old man who lives in Aley, Mount Lebanon with his wife and their four children. He has been working as an electronics repairman for two years. He repairs and does maintenance for all types of electrical materials. He requested a loan of 1000 US dollars from Al Majmoua in order to purchase new tools for his business. This is the first time that Naseem has requested a loan.



Naseem is special in his work because he has good relations with his clients. His clients are his friends and neighbors. He decided on doing his business because he has experience in his work. In the future, he plans to expand his business.


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Journal entries for Naseem


Loan has been disbursed
 
Entrepreneur: Naseem
Location: Aley - Chouf, Lebanon

Thank you for your loan. It has been disbursed to Naseem 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 Aley - Chouf, Lebanon
Jan 28, 2009
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Kiva Help Repayment Schedule for Naseem

  Expected Repayments Actual Repayments Comments
April 2009 $83.33 $84.00 Repayment Received
May 2009 $83.33 $84.00 Repayment Received
June 2009 $83.33 $84.00 Repayment Received
July 2009 $83.33 $84.00 Repayment Received
August 2009 $83.33 $83.00 Repayment Received
September 2009 $83.33 $83.00 Repayment Received
October 2009 $83.33 $83.00 Repayment Received
November 2009 $83.33 $166.00 Repayment Received
December 2009 $83.33 Available Dec 1 Repayment Received
January 2010 $83.33 Available Jan 1  
February 2010 $83.33 Available Feb 1  
March 2010 $83.37 Available Mar 1