Youssef


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: Youssef
Location: Saida - South, Lebanon
Activity: Personal Housing Expenses

About the Loan

Loan Amount: $1,200.00
Loan Use: To purchase a new floor polishing machine, a generator, and some gypsum material.
Repayment Term: 11 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 19, 2008
Date Disbursed: Jul 4, 2008
Date Funded:Jun 20, 2008
Loan Ended:Apr 15, 2009

About the Country

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



Youssef, 41 years old and married with three children, has been a very reliable client of Al Majmoua for the past three years. A hard worker, Youssef owns a floor polishing and gypsum decoration micro-enterprise in the city of Saida South, Lebanon. He now needs a loan of $1,200 to purchase a new floor polishing machine, a generator to allow him to continue working during the six to eight hours of daily power outages, and some gypsum material.



About Housing Loans
Many poor families are financially unable to purchase a house that meets their needs. Housing loans funded on Kiva give families access to capital to improve their homes and an opportunity to pay loans back at a pace that they can handle. The housing and small business loans featured on Kiva share a common purpose: they alleviate conditions of poverty and enable families to lead more stable lives. Learn more

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Lenders to this entrepreneur

Ramzi
Santa Maria, CA
United States

Christopher
London,
United Kingdom

Jean
Hawthorne, CA
United States

Buchanan Family
www.kivafriends.org, Ramsey, NJ
United States

Christopher
Jenison, MI
United States

Carolyn
Baltimore, MD
United States

Matt
Marrickville,
Australia

Sigrid H
Denver, CO
United States

nils
phoenix, AZ
United States

Mike
Algonquin, IL
United States

Anonymous
Boston, MA
United States

Emily's Family
Santa Barbara, CA
United States

keith
eugene, OR
United States

Bill
Claremont, CA
United States

Stuart
Cupertino, CA
United States

James Yeang
Kuala Lumpur,
Malaysia

Brian
East Berne, NY
United States

Damien
Bruxelles,
Belgium

Michel
GAGNY,
France

Reinhold
Metjendorf, Wiefelstede
Germany

Dagfinn A
Copenhagen, KivaFriends.org
Denmark

Yukho
Oslo,
Norway

Mark
phoenix, AZ
United States



Journal entries for Youssef


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

Thank you for your loan. It has been disbursed to Youssef Ayoub by Al Majmoua Lebanese Association for Development, a partner of Save the Children in Lebanon. We are excited to watch this business grow. Over the next 8 months, Al Majmoua Lebanese Association for Development, a partner of Save the Children will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.


Posted by Alia Farhat from Saida - South, Lebanon
Jun 27, 2008
Comment on this entry

News about Youssef
 
Entrepreneur: Youssef
Location: Saida - South, Lebanon

Youssef has been working with Al Majmoua, Lebanese Association for Development. Youssef owns a floor polishing and gypsum decoration. His last loan is nearly finished. He used the capital from his last loan, which was raised by Kiva lenders such as you, and disbursed by Al Majmoua, for a variety of purposes. Some of the money helped to purchase a new floor polishing machine and some was used to purchase a new generator. Youssef is very satisfied with his Kiva-Al Majmoua loan, and he is grateful for the opportunity this access to microfinance has provided him.

If you would like to continue funding Lebanese Entrepreneurs like Youssef, please visit Al Majmoua currently funding loans.


Posted by Sarah Baba from Saida - South, Lebanon
Mar 27, 2009
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Kiva Help Repayment Schedule for Youssef

  Expected Repayments Actual Repayments Comments
September 2008 $0.00 $150.00  
October 2008 $150.00 $150.00 Repayment Received
November 2008 $150.00 $150.00 Repayment Received
December 2008 $150.00 $0.00 Repayment Received
January 2009 $150.00 $150.00 Repayment Received
February 2009 $150.00 $150.00 Repayment Received
March 2009 $150.00 $150.00 Repayment Received
April 2009 $150.00 $150.00 Repayment Received
May 2009 $150.00 $150.00 Repayment Received