Fares


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: Fares
Location: Bekaa, Lebanon
Activity: Butcher Shop

About the Loan

Loan Amount: $1,000.00
Loan Use: Purchase merchandise for his shop
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 4, 2009
Date Disbursed: Jan 19, 2009
Date Funded:Feb 5, 2009

About the Country

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



Fares is a 47-year-old man who lives in Bekaa, Lebanon, with his wife and their seven children. Fares has owned a butcher shop for 12 years. His shop is very clean. His clients are people from his village. When he first started his business, Fares faced some difficulties because his financial situation was bad.


Fares requests a loan of $1000 from Al Majmoua in order to purchase merchandise for his shop. This is the first time that Fares has requested a loan. In the future, he plans to expand his business.


Subscribe

Lenders to this entrepreneur

Neil
Houston, TX
United States

roderick
San Francisco, CA
United States

Tim
Kirkland, WA
United States

Ralph
Gillingham, Kent
United Kingdom

Lutfi
Abu Dhabi, Abu Dhabi
United Arab Emirates

Patrick
Mainz, Rheinland-Pfalz
Germany

Christa & Norberto
Malaga, Malaga
Spain

Anonymous
Wyckoff, NJ
United States

Rosy
Cambridge, Cambridgeshire
United Kingdom

Claire
Carcassonne,
France

Bobby
Ashland, KY
United States

Dustin
Castlegar, British Columbia
Canada

Abraham
San Mateo, CA
United States

Brad
Mineral Point, WI
United States

Aaron
Silverdale, WA
United States

Max

Bob & Sue
Phoenix, AZ
United States

John
Buffalo,
United States

Bill
Seattle, WA
United States

Dimitre
Campbell, CA
United States

Mesay L
Atlanta, GA
United States

Antonia
Seattle, WA
United States

John
Virginia Beach, VA
United States

John
west springfield, MA
United States

Steve
Arlington, VA
United States

Miri,Israel,Alex,&Ivan
Lakewood, California
United States

Thomas
Portland, OR
United States



Top Lending Teams for this entrepreneur


Webcomics
Common Interest
613 Members

Poverty2Prosperity.org - Poverty-Escape
Businesses
1665 Members

Journal entries for Fares


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

Thank you for your loan. It has been disbursed to Fares 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
Feb 6, 2009
Comment on this entry

Kiva Help Repayment Schedule for Fares

  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 $83.00 Repayment Received
December 2009 $83.33 $83.00 Repayment Received
January 2010 $83.33 Available Jan 1  
February 2010 $83.33 Available Feb 1  
March 2010 $83.37 Available Mar 1