Abass
Status: Paid Back
| $800 |
Loan Request
Pre-Disbursed
: Nov 18, 2008
Listed: Dec 16, 2008
Funded: Dec 16, 2008
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| $800 |
Paid Back
Ended: Jan 12, 2010
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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 |
|---|---|
| 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: | Saida - South, Lebanon | Repayment Term: | 14 months (more info) |
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| Activity: | Motorcycle Repair | Repayment Schedule: | Monthly | |
| Loan Use: | Abass needs the loan to purchase motorcycles. | Currency Exchange Loss: | N/A | |
| Default Protection: | Not Covered |
Abass is a 19 year-old man who lives in Tyre, southern Lebanon. He has been working as a motorcycle repairman since 2001, and he is also an employee. He requested a loan of 800 US dollars from Al Majmoua in order to purchase motorcycles.
This is the first time that Abass has requested a loan.
Abass is special in his work because he buys and sells new and used motorcycles, and he also repairs them. When he first started his business, he didn’t have enough cash for purchasing spare parts and motorcycles. Therefore, he decided to do this business because it is his hobby. He has experience and also has his family's support. In the future, he plans to expand his business.
This is the first time that Abass has requested a loan.
Abass is special in his work because he buys and sells new and used motorcycles, and he also repairs them. When he first started his business, he didn’t have enough cash for purchasing spare parts and motorcycles. Therefore, he decided to do this business because it is his hobby. He has experience and also has his family's support. In the future, he plans to expand his business.
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Journal entries for Abass
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Loan has been disbursed
Location: Saida - South, Lebanon
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Posted by
from Saida - South, Lebanon
Dec 17, 2008 |
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Comment on this entry
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News about Abass
Location: Saida - South, Lebanon
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Posted by
Sarah Baba from Saida - South, Lebanon
Jan 12, 2010 |
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Comment on this entry
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Repayment Schedule for Abass
Repayment Schedule for Abass
| Expected Repayments | Actual Repayments | Comments | |||
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| February 2009 | $66.67 | $67.00 |  Repayment Received
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| March 2009 | $66.67 | $67.00 | Repayment Received
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| April 2009 | $66.67 | $67.00 | Repayment Received
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| May 2009 | $66.67 | $67.00 | Repayment Received
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| June 2009 | $66.67 | $67.00 | Repayment Received
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| July 2009 | $66.67 | $67.00 | Repayment Received
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| August 2009 | $66.67 | $68.00 | Repayment Received
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| September 2009 | $66.67 | $66.00 | Repayment Received
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| October 2009 | $66.67 | $66.00 | Repayment Received
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| November 2009 | $66.67 | $66.00 | Repayment Received
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| December 2009 | $66.67 | $66.00 | Repayment Received
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| January 2010 | $66.63 | $66.00 | Repayment Received
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