Houssein
Status: Paying Back
| $700 |
Loan Request
Pre-Disbursed
: Apr 7, 2009
Listed: May 1, 2009
Funded: May 12, 2009
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66% repaid
About the Field Partner
| Al Majmoua Lebanese Association for Development administers this loan. Learn more | |||||||
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| Field Partner: | Al Majmoua Lebanese Association for Development | ||||||
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| Field Partner Risk Rating: | |||||||
| Fundraising Status: | Active | ||||||
| Time on Kiva: | 28 months | ||||||
| Kiva Entrepreneurs: | 2027 | ||||||
| Total Loans: | $2,237,150 | ||||||
| Interest & Fees are Charged: | Yes (Learn more) | ||||||
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| Delinquency Rate: | 3.70% | ||||||
| Default Rate: | 0.00% | ||||||
| Currency Exchange Loss Rate: | 0.00% | ||||||
| More on this field partner >> | |||||||
About the Country
| Country: | Lebanon |
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| Avg Annual Income: | $5,900 |
| Currency: | United States Dollars (USD) |
About the Loan
(For privacy reasons, the Field Partner has requested that last name be undisclosed)| Location: | Tyre, South, Lebanon | Repayment Term: | 14 months (more info) |
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| Activity: | Agriculture | Repayment Schedule: | Monthly | |
| Loan Use: | To purchase tools and merchandise for his work | Currency Exchange Loss: | N/A | |
| Default Protection: | Not Covered |
Houssein is a 47 year old man who lives with his wife and their two children in Tyre, southern Lebanon. Houssein works in agriculture. Houssein requested a loan of 700 U.S. dollars from Al Majmoua in order to purchase tools and merchandise for his work. This is the first time that Houssein has requested a loan.
Houssein is special because he has experience. When he first started his business, he had financial issues. Houssein chose his business because he wanted to improve his family’s income. In the future, he plans on expanding his business.
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Journal entries for Houssein
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Loan has been disbursed
Location: Tyre, South, Lebanon
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Posted by
from Tyre, South, Lebanon
May 13, 2009 |
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Comment on this entry
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Repayment Schedule for Houssein
Repayment Schedule for Houssein
| Expected Repayments | Actual Repayments | Comments | |||
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| July 2009 | $58.33 | $59.00 |  Repayment Received
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| August 2009 | $58.33 | $61.00 | Repayment Received
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| September 2009 | $58.33 | $58.00 | Repayment Received
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| October 2009 | $58.33 | $58.00 | Repayment Received
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| November 2009 | $58.33 | $58.00 | Repayment Received
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| December 2009 | $58.33 | $0.00 | Repayment Received
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| January 2010 | $58.33 | $116.00 | Repayment Received
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| February 2010 | $58.33 | $58.00 | Repayment Received
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| March 2010 | $58.33 | Available Mar 1 | |||
| April 2010 | $58.33 | Available Apr 1 | |||
| May 2010 | $58.33 | Available May 1 | |||
| June 2010 | $58.37 | Available Jun 1 | |||
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