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Rabih
Rabih is a 50-year-old man who lives in Tripoli in northern Lebanon. Rabih has owned a coffee shop for two years. He requested a loan of $1,500 from Kiva's partner Al Majmoua in order to purchase merchandise and a coffee machine for his shop. This is his second cycle and he has always paid on time.


His previous loan helped him improve his work and change the décor of his salon. Rabih is special in his work because he knows how to treat his clients. His clients are his friends, neighbors and others. When he first started his business, he had difficulty finding the proper place to open his shop. Rabih decided on doing his business because he wanted to improve his income. In the future, he plans on expanding his coffee shop.

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
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Rabih rabih will use the loan to purchase merchandise and a coffee machine for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2009
Listed
Jun 1, 2009
Currency Exchange Loss:
N/A
Ended:
May 15, 2010