Nizar


Status: Paying Back

$2,500.00   Loan Amount
75% repaid

About the Entrepreneur

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

About the Loan

Loan Amount: $2,500.00
Loan Use: Purchase recharge phone cards.
Repayment Term: 14 months - View details below
Lenders Repaid: Monthly
Currency Exchange Loss: N/A
Date Listed: Apr 1, 2009
Date Disbursed: Mar 23, 2009
Date Funded:Apr 21, 2009

About the Country

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



Nizar is a 42 year old Man who lives in Saida, southern Lebanon. He has owned a phone shop for a year and a half. Nizar also sells recharge phone cards. He requests a loan of $2500 from Al Majmoua in order to purchase recharge cards. This is the first time Nizard has requested a loan.


Nizar is special in his work because he has competitive prices. His clients can be anybody. When Nizar first started his business, he didn’t face difficulties. In the future, he plans on expanding his business.


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Journal entries for Nizar


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

Thank you for your loan. It has been disbursed to Nizar 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 12 months of this loan, 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 from Saida - South, Lebanon
Apr 22, 2009
Comment on this entry

Kiva Help Repayment Schedule for Nizar

  Expected Repayments Actual Repayments Comments
June 2009 $208.33 $209.00 Repayment Received
July 2009 $208.33 $209.00 Repayment Received
August 2009 $208.33 $418.00 Repayment Received
September 2009 $208.33 $209.00 Repayment Received
October 2009 $208.33 $415.00 Repayment Received
November 2009 $208.33 $209.00 Repayment Received
December 2009 $208.33 $209.00 Repayment Received
January 2010 $208.33 Available Jan 1 Repayment Received
February 2010 $208.33 Available Feb 1 Repayment Received
March 2010 $208.33 Available Mar 1  
April 2010 $208.33 Available Apr 1  
May 2010 $208.37 Available May 1