Check out some available loans that are similar to this one!
Rajaa
Rajaa is a 40-year-old man who lives in Aley, Mount Lebanon, with his wife and their child. Rajaa has owned a snack business for a year. He makes sandwiches. He requested a loan of $2,000 US dollars from Al Majmoua in order to purchase merchandise and a machine for his sandwiches. This is the first time that Rajaa has requested a loan. Rajaa is special in his work because he does it well and he is known for his good sandwiches. His clients are his friends, neighbors, and people from his region. When he first started his business, he had difficulty networking. Rajaa decided on starting his business because of his experience. In the future, he plans on expanding his snack 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
  • 61
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Rajaa rajaa will use the loan to purchase merchandise and a machine for his sandwiches.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 13, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
N/A
Ended:
May 15, 2010