Hilal


Status: Paying Back

$1,000.00   Loan Amount
58% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $1,000.00
Loan Use: Hilal will use the loan to purchase merchandise for his shop.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Mar 21, 2009
Date Disbursed: Mar 23, 2009
Date Funded:Mar 22, 2009

About the Country

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



Hilal is a 32-year-old man who lives in the Bekaa. Hilal has owned a clothing shop for nine years. He requested a loan of $1000 US Dollars from Al Majmoua in order to purchase merchandise for his shop. This is his second cycle and he has always paid on time.


His previous loans helped him yo open a new, bigger shop and to diversify his merchandise. Hilal is special in his work because he knows how to treat his clients. His clients are his friends, neighbors and others. When he first started, he had difficulty building networks. Hilal decided on doing his business because he always wanted to open his own shop. In the future, he plans on expanding his business.


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Journal entries for Hilal


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

Thank you for your loan. It has been disbursed to Hilal 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 23, 2009
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Kiva Help Repayment Schedule for Hilal

  Expected Repayments Actual Repayments Comments
June 2009 $83.33 $84.00 Repayment Received
July 2009 $83.33 $84.00 Repayment Received
August 2009 $83.33 $85.00 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 $83.33 Available Apr 1  
May 2010 $83.37 Available May 1