Walid


Status: Paying Back

$1,000.00   Loan Amount
66% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Walid
Location: Tripoli - North, Lebanon
Activity: Auto Repair

About the Loan

Loan Amount: $1,000.00
Loan Use: Walid will use the loan to purchase tools and merchandise 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 12, 2009
Date Funded:Feb 21, 2009

About the Country

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



Walid is a 40-year-old man who lives in Tripoli, northern Lebanon, with his wife and their three children. Walid has been a car electrician for eighteen years. He also sells cars batteries. Walid requested a loan of 1000 US dollars from Al Majmoua in order to purchase tools and merchandise for his work. Walid has been a microcredit client for eight years now and has always paid on time.



His previous loans helped him improve his business. Walid is very satisfied and grateful for the opportunity to work with Al Majmoua. Walid is special in his work because of his experience in his business. His clients are his friends and neighbors. Walid 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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carien bitar-boerboom
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San Francisco, CA
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Journal entries for Walid


Loan has been disbursed
 
Entrepreneur: Walid
Location: Tripoli - North, Lebanon

Thank you for your loan. It has been disbursed to Walid 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 Tripoli - North, Lebanon
Feb 22, 2009
Comment on this entry

Kiva Help Repayment Schedule for Walid

  Expected Repayments Actual Repayments Comments
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 $84.00 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 $83.33 Available Mar 1  
April 2010 $83.37 Available Apr 1