Asaad
Status: Paid Back
| $1,500.00 | Loan Request | |
|---|---|---|
| $1,500.00 | Paid Back |
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Asaad |
|---|---|
| Location: | Beirut, Lebanon |
| Activity: | Grocery Store |
About the Loan
| Loan Amount: | $1,500.00 |
|---|---|
| Loan Use: | Purchase merchandise for his store. |
| Repayment Term: | 8 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
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| Date Listed: | Mar 26, 2009 |
| Date Disbursed: | Mar 9, 2009 |
| Date Funded: | Mar 27, 2009 |
| Loan Ended: | Oct 15, 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) |
Asaad has been a microcredit client for ten years now and has always paid on time. His previous loans helped him improve his store by diversifying his merchandise and expand his stock, as well as help his financial situation. His clients are his friends and neighbors. When Asaad first started his business, he didn’t have the start up capital. He hopes to improve his financial situation. In the future, Asaad plans on expanding his business.
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Journal entries for Asaad
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Loan has been disbursed
Location: Beirut, Lebanon
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Posted by
from Beirut, Lebanon
Mar 28, 2009 |
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Comment on this entry
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Repayment Schedule for Asaad
Repayment Schedule for Asaad
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| June 2009 | $250.00 | $250.00 |  Repayment Received
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| July 2009 | $250.00 | $250.00 | Repayment Received
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| August 2009 | $250.00 | $250.00 | Repayment Received
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| September 2009 | $250.00 | $250.00 | Repayment Received
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| October 2009 | $250.00 | $250.00 | Repayment Received
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| November 2009 | $250.00 | $250.00 | Repayment Received
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