Georges


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: Georges
Location: Beirut, Lebanon
Activity: Bakery

About the Loan

Loan Amount: $1,200.00
Loan Use: USD 1,200 to purchase a taxi car
Repayment Term: 12 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Jun 28, 2008
Date Disbursed: Jul 14, 2008
Date Funded:Jun 30, 2008
Loan Ended:Jun 15, 2009

About the Country

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



Georges, 53 and married, works hard to guarantee a better life for his 2 children. Georges lives in the suburbs of Beirut. In view of the high cost of living, the low income afforded by Georges' small shop selling "manakish" (a traditional open-faced sandwich) does not suffice for the requirements of his family. Therefore, he needs a loan in the amount of US$ 1,200 to help him to purchase a car to use as a taxi and ensure a second source of income. This is the first time that Georges is requesting a loan from Al Majmoua.

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Journal entries for Georges


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

Thank you for your loan. It has been disbursed to Georges Haddad 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 10 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 Beirut, Lebanon
Jul 5, 2008
Comments (1)

Kiva Help Repayment Schedule for Georges

  Expected Repayments Actual Repayments Comments
October 2008 $120.00 $120.00 Repayment Received
November 2008 $120.00 $120.00 Repayment Received
December 2008 $120.00 $120.00 Repayment Received
January 2009 $120.00 $120.00 Repayment Received
February 2009 $120.00 $120.00 Repayment Received
March 2009 $120.00 $120.00 Repayment Received
April 2009 $120.00 $120.00 Repayment Received
May 2009 $120.00 $120.00 Repayment Received
June 2009 $120.00 $120.00 Repayment Received
July 2009 $120.00 $120.00 Repayment Received