Youssef


Status: Paying Back

$800.00   Loan Amount
67% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Youssef
Location: Saida - South, Lebanon
Activity: Grocery Store

About the Loan

Loan Amount: $800.00
Loan Use: Youssef will use the loan to purchase merchandise for his store and repair his car.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 4, 2009
Date Disbursed: Jan 26, 2009
Date Funded:Feb 6, 2009

About the Country

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



Youssef is a 68-year-old man who lives in Saida, in southern Lebanon, with his wife and their child. Youssef has owned a grocery store for five years. He also sells vegetables. He requested a loan of $800 US dollars from Al Majmoua to purchase merchandise for his store and repair his car.

This is his third loan cycle and he has always paid on time.

His previous loans helped him to diversify his merchandise and improve his business. His clients are his friends and neighbors. When Youssef first started his business, he lacked cash. In the future, he plans to expand his business.


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Journal entries for Youssef


Loan has been disbursed
 
Entrepreneur: Youssef
Location: Saida - South, Lebanon

Thank you for your loan. It has been disbursed to Youssef 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 Saida - South, Lebanon
Feb 7, 2009
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Kiva Help Repayment Schedule for Youssef

  Expected Repayments Actual Repayments Comments
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 $70.00 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 $66.67 Available Feb 1  
March 2010 $66.63 Available Mar 1