Mazen

Status: Paid Back

$1,200.00		Loan Request
$1,200.00		Paid Back

About the Entrepreneur

(For privacy reasons, the Field Partner has requested that last name be undisclosed)

Name:	Mazen
Location:	Saida - South, Lebanon
Activity:	Bakery

About the Loan

Loan Amount:	$1,200.00
Loan Use:	To buy equipment and paint his bakery
Repayment Term:	14 months - View details below
Lenders Repaid:	Monthly
Currency Exchange Loss:	N/A
Date Listed:	Feb 7, 2008
Date Disbursed:	Feb 23, 2008
Date Funded:	Feb 9, 2008
Loan Ended:	Mar 15, 2009

About the Field Partner

Field Partner:

Al Majmoua Lebanese Association for Development

Field Partner Risk Rating:

(Learn more)

Active

26 months

1782

$1,852,500

0.75%

0.00%

Currency Exchange Loss Rate:

0.00%

About the Country

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

Mazen is a 30 year old father of one. He works and lives with his wife and child in south Lebanon, in Saida. Mazen owns a bakery and needs a loan to buy new equipment such as a dough mixer and a special tool for making croissants to increase the productivity of his business The rest of the loan will be used to paint the bakery.

Lenders to this entrepreneur

Success Solved.com
Las Vegas, Nevada
United States

Christopher
seattle, WA
United States

Aurelijus
Varena, Alytaus apskritis
Lithuania

Edward
Edinburgh, UK
United Kingdom

Mark
Beavercreek, OH
United States

Harry
Bristol, Avon
United Kingdom

Carol
Hull, MA
United States

cindi
Spartanburg, SC
United States

The Redwoods Group
Morrisville, NC
United States

Chris
Fayetteville, AR
United States

Leonard
Marietta, GA
United States

Speakers' Spotlight
Toronto, Ontario
Canada

Ronen
Tel Aviv, Israel
Israel

Joseph
Desert Hot Springs, California
United States

Stephen
Guaynabo, PR
Puerto Rico

Phil Walston
New Westminster, BC
Canada

Ryan
Poolesville, MD
United States

Tom and Diane
Encinitas, CA
United States

Chester
Houston, TX
United States

GRS

Garrett and Jen
Austin, TX
United States

Jonathan
West Cornwall, CT
United States

Pascal
Redmond, WA
United States

Jennifer
Los Angeles, CA
United States

Gary

Jay
Tempe, AZ
United States

Jim and Tracy
Chico, CA
United States

Anonymous

Karen
Wayne, NJ
United States

Shelley
Saskatoon, SK
Canada

Denny
Plymouth, MN
United States

William
Raleigh, NC
United States

Anonymous
Berkeley, CA
United States

Jillian
Vence,
France

David

Journal entries for Mazen

Loan has been disbursed Entrepreneur: Mazen Location: Saida - South, Lebanon Thank you for your loan. It has been disbursed to Mazen Al Achouh by Al Majmoua- Lebanese Association for Dev in Lebanon. We are excited to watch this business grow. Over the next 12 months, Al Majmoua- Lebanese Association for Dev will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.
Posted by from Saida - South, Lebanon Feb 23, 2008
Comment on this entry

Business Development for Mazen Entrepreneur: Mazen Location: Saida - South, Lebanon Mazen's bakery has been doing well. His loan, disbursed by Lebanese MFI Al Majmoua, Lebanese Association for Development and supported by you Kiva lenders, has been repaid. With the loan capital Mazen was able to purchase new equipment and a special machine for croissants. He plans on taking out a new loan upon its repayment. When we asked Mazen what his plans were for the future, he said that he would like to continue improving his business. Mazen is confident that his experience with his will help him be successful in his future endeavors, and he is grateful for the opportunity to work with Kiva and Al Majmoua. If you would like to continue funding Lebanese Entrepreneurs like Mazen, please visit Al Majmoua currently funding loans .
Posted by Sarah Baba from Saida - South, Lebanon Mar 27, 2009
Comment on this entry

Repayment Schedule for Mazen

Show Advanced

	Expected Repayments	Actual Repayments	Comments
May 2008	$100.00	$100.00	Repayment Received
June 2008	$100.00	$100.00	Repayment Received
July 2008	$100.00	$100.00	Repayment Received
August 2008	$100.00	$100.00	Repayment Received
September 2008	$100.00	$100.00	Repayment Received
October 2008	$100.00	$100.00	Repayment Received
November 2008	$100.00	$100.00	Repayment Received
December 2008	$100.00	$100.00	Repayment Received
January 2009	$100.00	$100.00	Repayment Received
February 2009	$100.00	$100.00	Repayment Received
March 2009	$100.00	$100.00	Repayment Received
April 2009	$100.00	$100.00	Repayment Received