Houssein


Status: Paying Back

$500.00   Loan Amount
66% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Houssein
Location: Nabatieh, Lebanon
Activity: Auto Repair

About the Loan

Loan Amount: $500.00
Loan Use: To purchase tools for his business
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Feb 12, 2009
Date Disbursed: Feb 10, 2009
Date Funded:Feb 15, 2009

About the Country

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



Houssein, 33, lives in Nabatieh, in southern Lebanon, with his wife and their child. Houssein has been working as a car electrician for ten years. He also sells cars batteries and spare parts. Houssein is requesting a loan of $500 USD from Al Majmoua in order to purchase tools for his business. Houssein has been a microcredit client for five years now and has always repaid his loans on time. His previous loans helped him improve his business as well as his family's condition. His clients are his friends and neighbors. Hussein decided on doing this business because he learned the business when he was young.


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Journal entries for Houssein


Loan has been disbursed
 
Entrepreneur: Houssein
Location: Nabatieh, Lebanon

Thank you for your loan. It has been disbursed to Houssein 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 Nabatieh, Lebanon
Feb 16, 2009
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Kiva Help Repayment Schedule for Houssein

  Expected Repayments Actual Repayments Comments
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 $41.67 Available Mar 1  
April 2010 $41.63 Available Apr 1