Tarek
Status: Paying Back
| $1,500.00 | Loan Amount |
|---|
58% repaid
About the Entrepreneur
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Name: | Tarek |
|---|---|
| Location: | Borj Barajneh, Lebanon |
| Activity: | Manufacturing |
About the Loan
| Loan Amount: | $1,500.00 |
|---|---|
| Loan Use: | to purchase merchandise for his factory |
| Repayment Term: | 14 months - View details below |
| Lenders Repaid: | Monthly |
| Currency Exchange Loss: | N/A
 |
| Date Listed: | Apr 3, 2009 |
| Date Disbursed: | Mar 11, 2009 |
| Date Funded: | Apr 8, 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) |
Tarek is a 44-year-old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon with his wife and their three children. Tarek has owned a paper factory for thirty years. He produces paper. Tarek requested a loan of 1500 US dollars from Al Majmoua in order to purchase merchandise for his factory. This is the first time that Tarek has requested a loan.
Tarek is special because he has competitive prices and he produces good quality paper. His clients are companies. When he first started his business, he didn’t face difficulties. Tarek decided on doing his business because he wanted to have an independent job. In the future, he plans on improving his factory.
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Journal entries for Tarek
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Loan has been disbursed
Location: Borj Barajneh, Lebanon
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Posted by
from Borj Barajneh, Lebanon
Apr 9, 2009 |
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Comment on this entry
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Repayment Schedule for Tarek
Repayment Schedule for Tarek
| Expected Repayments | Actual Repayments | Comments | |||
|---|---|---|---|---|---|
| June 2009 | $125.00 | $125.00 |  Repayment Received
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| July 2009 | $125.00 | $125.00 | Repayment Received
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| August 2009 | $125.00 | $125.00 | Repayment Received
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| September 2009 | $125.00 | $125.00 | Repayment Received
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| October 2009 | $125.00 | $125.00 | Repayment Received
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| November 2009 | $125.00 | $125.00 | Repayment Received
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| December 2009 | $125.00 | $125.00 | Repayment Received
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| January 2010 | $125.00 | Available Jan 1 | |||
| February 2010 | $125.00 | Available Feb 1 | |||
| March 2010 | $125.00 | Available Mar 1 | |||
| April 2010 | $125.00 | Available Apr 1 | |||
| May 2010 | $125.00 | Available May 1 | |||
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