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Nawaf
Nawaf, 33, lives with his wife in Aley, Mount Lebanon, where he has owned a bakery for a year. He makes bread, “saj”and “mankoucheh.” The “saj” is the metal oven where the saj bread is made, and the saj bread is a traditional Lebanese cooking dome used to make Markouk (“thinned”) bread and doughy confections or mankoucheh. A mankoucheh looks like a folded pizza, and its most common toppings are zaatar (thyme), jebneh (cheese) and lahm bi ajin (minced meat). It can be eaten at any time of the day, but somehow it tastes better in the morning.

Nawaf is special in his work because he does it well and is known for the quality of his mankoucheh. His clients are friends, neighbors and people from the region. He embarked upon this business to improve his family’s income and is requesting a loan of $1000 from Al Majmoua in order to purchase raw material for his bakery. This is his first loan request, and in the future he plans to expand the business.

Additional Information

About Al Majmoua – Lebanese Association for Development

The Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.


Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.

About Lebanon

  • $5,900
    Average annual income
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nawaf to purchase raw material for his bakery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 6, 2009
Listed
Apr 7, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010