Hussein
Status: Paying Back
| $1,000 |
Loan Request
Pre-Disbursed
: Mar 9, 2009
Listed: Apr 6, 2009
Funded: Apr 20, 2009
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75% 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: | Hasbaya, Lebanon | Repayment Term: | 14 months (more info) |
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| Activity: | Music Discs & Tapes | Repayment Schedule: | Monthly | |
| Loan Use: | Hussein will use the loan to purchase merchandise for his shop. | Currency Exchange Loss: | N/A | |
| Default Protection: | Not Covered |
Hussein, 22, lives with his parents in Bint Jbeil, southern Lebanon where he has owned a DVD, CD and cassette shop for a year. Hussein is requesting a loan of $1000 from Al Majomoua in order to purchase merchandise for his shop. This is his first loan request.
Hussein is special in his work because he is the only one offering this merchandise in the region. When he first started the business, he had financial issues, but his experience and desire for independent work have enabled him to succeed. In the future, Hussein plans to expand the business.
Hussein is special in his work because he is the only one offering this merchandise in the region. When he first started the business, he had financial issues, but his experience and desire for independent work have enabled him to succeed. In the future, Hussein plans to expand the business.
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Journal entries for Hussein
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Loan has been disbursed
Location: Hasbaya, Lebanon
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Posted by
from Hasbaya, Lebanon
Apr 21, 2009 |
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Comment on this entry
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Repayment Schedule for Hussein
Repayment Schedule for Hussein
| Expected Repayments | Actual Repayments | Comments | |||
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| June 2009 | $83.33 | $84.00 |  Repayment Received
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| July 2009 | $83.33 | $84.00 | Repayment Received
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| August 2009 | $83.33 | $84.00 | Repayment Received
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| September 2009 | $83.33 | $84.00 | Repayment Received
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| October 2009 | $83.33 | $84.00 | Repayment Received
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| November 2009 | $83.33 | $84.00 | Repayment Received
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| December 2009 | $83.33 | $84.00 | Repayment Received
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| January 2010 | $83.33 | $84.00 | Repayment Received
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| February 2010 | $83.33 | $84.00 | Repayment Received
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| March 2010 | $83.33 | Available Mar 1 | |||
| April 2010 | $83.33 | Available Apr 1 | |||
| May 2010 | $83.37 | Available May 1 | |||
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