Izzat


Status: Paying Back

$1,000.00   Loan Amount
33% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Izzat
Location: Saida - South, Lebanon
Activity: Auto Repair

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase tools for his garage
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Aug 1, 2009
Date Disbursed: Jun 9, 2009
Date Funded:Aug 18, 2009

About the Country

Country:Lebanon
Avg Annual Income:$5,900.00
Currency:United States Dollars (USD)



Izzat is a 52-year-old man who lives in Saida, southern Lebanon with his wife and their seven children. Izzat has been working as a car painter since 1988. Izzat has requested a loan of 1000 US dollars from Al Majmoua to purchase tools for his garage. This is his second loan cycle and he has always been on time.

His previous loans helped him improve his garage. His clients are his friends and neighbors. When he first started his business, he didn’t face difficulties. Izzat decided on this business because he has experience. In the future, he plans on expanding his business.


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Journal entries for Izzat


Loan has been disbursed
 
Entrepreneur: Izzat
Location: Saida - South, Lebanon

Thank you for your loan. It has been disbursed to Izzat by Al Majmoua Lebanese Association for Development in Lebanon. We are excited to watch this business grow. Over the 12 months of this loan, Al Majmoua Lebanese Association for Development will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by from Saida - South, Lebanon
Aug 19, 2009
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Kiva Help Repayment Schedule for Izzat

  Expected Repayments Actual Repayments Comments
October 2009 $166.66 $170.00 Repayment Received
November 2009 $83.33 $83.00 Repayment Received
December 2009 $83.33 $83.00 Repayment Received
January 2010 $83.33 Available Jan 1  
February 2010 $83.33 Available Feb 1  
March 2010 $83.33 Available Mar 1  
April 2010 $83.33 Available Apr 1  
May 2010 $83.33 Available May 1  
June 2010 $83.33 Available Jun 1  
July 2010 $83.33 Available Jul 1  
August 2010 $83.37 Available Aug 1