Husein


Status: Paying Back - Delinquent

$1,000.00   Loan Amount
33% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Husein
Location: Bekaa, Lebanon
Activity: Retail

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase a greater variety of clothes.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 1, 2009
Date Disbursed: Feb 16, 2009
Date Funded:Mar 8, 2009

About the Country

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



Husein Raed is 29 years old and lives in Bekaa with his wife and their two children. For about five years, Husein has owned an accessory shop that sells perfumes, musical disks, phone cards and other goods. Prior to working in Bekaa, Husein managed a similar shop in Beirut. Over the years he has developed a technique for maintaining good relationships with his clients and now boasts of a solid network of customers. In order to further increase this network and attract new customers, Husein is requesting a loan of $1000, which will be used to purchase a greater variety of accessories.

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Journal entries for Husein


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

Thank you for your loan. It has been disbursed to Husein 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
Mar 9, 2009
Comment on this entry

Kiva Help Repayment Schedule for Husein

  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 $1.00 Repayment Received
September 2009 $83.33 $83.00 Delinquent
October 2009 $83.33 $0.00 Delinquent
November 2009 $83.33 $0.00 Delinquent
December 2009 $83.33 Available Dec 1  
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