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Rabii
Rabii is a thirty-four year old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon with his wife and their five children. He has owned a shoe shop for three years. He originally decided to establish his shop because of his financial need, but he didn’t have the startup capital. Rabii requests a loan of $1500 from the Kiva field partner, Al Majmoua, in order to purchase merchandise for his shop. This is his third loan cycle and he has always paid on time. His previous loans helped him improve his business as well as his financial situation. His clients can be anybody from his region. In the future, Rabii plans to further develop his 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

  • $15,800
    Average annual income
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $15,795,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Rabii to purchase merchandise for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 20, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2010