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Saleh
Saleh is twenty-eight years old and lives in Saida, in southern Lebanon, with his wife and their two children. Saleh has been working in furniture repair and upholstery since 2002. He requested a loan from Al Majmoua, a Kiva field partner, in order to purchase thread for his work and to repair one of his sewing machines. This is the first time that Saleh has requested a loan.
Saleh is exceptional in his work because he does it well. His clients can be anybody from his region. When he first started his business, things went well. Saleh decided to open this business because he had prior experience. In the future, he plans to improve his business by purchasing a new and bigger sewing machine.

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
  • 60
    View loans »
    Lebanon Loans Fundraising
  • $14,580,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Saleh to buy thread and to repair a sewing machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 4, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
N/A
Ended:
May 15, 2010