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Youssef
Youssef is 30 years old, married, and has three children. He lives in Bint Jbeil, Southern Lebanon and owns a grocery store. In his store, Youssef sells all kinds of food products as well as computer and electronic games.

Youssef is requesting a loan from Al Majmoua in order to buy new products for his store. It is his second year as a microcredit client.

Youssef has faced financial problems in the past. He hopes to expand his store and increase the types of products he sells in the future. Youssef is known for his people skills as well as his expertise in running businesses.

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
  • 1,502.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $675 helped Youssef to buy inventory for a grocery store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 4, 2009
Listed
Sep 24, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010