Majed
Status: Paying Back
| $1,200.00 | Loan Amount |
|---|
66% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Majed |
|---|---|
| Location: | Tripoli - North, Lebanon |
| Activity: | Auto Repair |
About the Loan
| Loan Amount: | $1,200.00 |
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| Loan Use: | Majed will use the loan to purchase tools for his work. |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Feb 21, 2009 |
| Date Disbursed: | Feb 10, 2009 |
| Date Funded: | Feb 21, 2009 |
About the Field Partner
About the Field Partner
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| Field Partner: | Al Majmoua Lebanese Association for Development |
|---|---|
| Field Partner Risk Rating: | |
| Fundraising Status: | Active |
| Time On Kiva: | 26 months |
| Kiva Entrepreneurs: | 1782 |
| Total Loans: | $1,852,500 |
| Delinquency Rate: | 0.75% |
| Default Rate: | 0.00% |
| Currency Exchange Loss Rate: | 0.00% |
| More on this field partner >> | |
About the Country
| Country: | Lebanon |
|---|---|
| Avg Annual Income: | $5,900.00 |
| Currency: | United States Dollars (USD) |
Majed lives in Tripoli, northern Lebanon, with his wife and their child. Majed has been working as a car repairer for eighteen years. He repairs cars radiators. Majed requested a loan of 1200 US dollars from Al Majmoua in order to purchase tools for his work. This is the first time that Majed has requested a loan.
Majed is special in his work because of his experience in cars. His clients are his family members, friends and neighbors. Majed decided on doing his business because he wanted to be independent in his work. In the future, he plans on expanding his garage.
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Journal entries for Majed
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Loan has been disbursed
Location: Tripoli - North, Lebanon
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Posted by
from Tripoli - North, Lebanon
Feb 22, 2009 |
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Comment on this entry
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Repayment Schedule for Majed
Repayment Schedule for Majed
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| May 2009 | $100.00 | $100.00 |  Repayment Received
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| June 2009 | $100.00 | $100.00 | Repayment Received
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| July 2009 | $100.00 | $100.00 | Repayment Received
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| August 2009 | $100.00 | $200.00 | Repayment Received
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| September 2009 | $100.00 | $100.00 | Repayment Received
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| October 2009 | $100.00 | $0.00 | Repayment Received
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| November 2009 | $100.00 | $200.00 | Repayment Received
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| December 2009 | $100.00 | Available Dec 1 | Repayment Received
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| January 2010 | $100.00 | Available Jan 1 | |||
| February 2010 | $100.00 | Available Feb 1 | |||
| March 2010 | $100.00 | Available Mar 1 | |||
| April 2010 | $100.00 | Available Apr 1 | |||
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