Souzan


Status: Paying Back

$1,000.00   Loan Amount
17% repaid

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)
Name: Souzan
Location: Beirut, Lebanon
Activity: Grocery Store

About the Loan

Loan Amount: $1,000.00
Loan Use: To purchase merchandise for her store.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Sep 2, 2009
Date Disbursed: Aug 19, 2009
Date Funded:Sep 2, 2009

About the Country

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



Souzan is a 38 year old woman who lives in Beirut, capital of Lebanon with her husband and their child. Souzan has owned a grocery store since 2006. She requested a loan of 1000 US dollars from Al Majmoua in order to purchase merchandise for her store. This is her third cycle and she has always paid on time.
Her previous loans helped her improve her store by diversifying her merchandise. Souzan is special in her work because her store is well positioned; it is in front of a school and on a main street. Her clients are people from her friends, neighbors, students and passer-bys. When she first started her business, she didn’t face difficulties. Souzan decided on doing her business because she wanted to supplement her family’s income. In the future, she plans on improving her store.


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Journal entries for Souzan


Loan has been disbursed
 
Entrepreneur: Souzan
Location: Beirut, Lebanon

Thank you for your loan. It has been disbursed to Souzan 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 Beirut, Lebanon
Sep 3, 2009
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Kiva Help Repayment Schedule for Souzan

  Expected Repayments Actual Repayments Comments
November 2009 $83.33 $87.00 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 $83.33 Available Aug 1  
September 2010 $83.33 Available Sep 1  
October 2010 $83.37 Available Oct 1