Hassane
Status: Paying Back
| $1,100.00 | Loan Amount |
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58% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Hassane |
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| Location: | Nabatieh, Lebanon |
| Activity: | Furniture Making |
About the Loan
| Loan Amount: | $1,100.00 |
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| Loan Use: | Purchase paint and tools |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Mar 16, 2009 |
| Date Disbursed: | Mar 10, 2009 |
| Date Funded: | Mar 16, 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: | 1786 |
| Total Loans: | $1,860,200 |
| Delinquency Rate: | 0.74% |
| 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) |
Hassane is a 32-year-old man who lives in Nabatieh in southern Lebanon with his wife and their three children. Hassane has been working as a furniture painter for several years. He requested a loan of $1100 from Al Majmoua in order to purchase paint and tools for his business. This is his second loan cycle and he has always paid on time.
His previous loan helped him expand his business. Hassane is successful because he completes the work on time and does it well. His clients are his friends and neighbors. When Hassane first started his business, he didn’t have the start up capital. He decided to open his business because of his experience, and he wanted to work independently. In the future, he plans to expand his business.
His previous loan helped him expand his business. Hassane is successful because he completes the work on time and does it well. His clients are his friends and neighbors. When Hassane first started his business, he didn’t have the start up capital. He decided to open his business because of his experience, and he wanted to work independently. In the future, he plans to expand his business.
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Journal entries for Hassane
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Loan has been disbursed
Location: Nabatieh, Lebanon
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Posted by
from Nabatieh, Lebanon
Mar 17, 2009 |
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Comment on this entry
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Repayment Schedule for Hassane
Repayment Schedule for Hassane
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| June 2009 | $91.67 | $92.00 |  Repayment Received
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| July 2009 | $91.67 | $92.00 | Repayment Received
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| August 2009 | $91.67 | $92.00 | Repayment Received
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| September 2009 | $91.67 | $92.00 | Repayment Received
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| October 2009 | $91.67 | $90.35 | Repayment Received
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| November 2009 | $91.67 | $91.67 | Repayment Received
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| December 2009 | $91.67 | $91.67 | Repayment Received
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| January 2010 | $91.67 | Available Jan 1 | |||
| February 2010 | $91.67 | Available Feb 1 | |||
| March 2010 | $91.67 | Available Mar 1 | |||
| April 2010 | $91.67 | Available Apr 1 | |||
| May 2010 | $91.63 | Available May 1 | |||
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