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Abdel Karim
Abdel Karim is a 30-year-old man who lives in Tripoli, northern Lebanon, with his wife and their two children. Abdel Karim sells all kinds of birds. He requested a loan from Al Majmoua in order to purchase bird food and different bird breeds. This is his second loan cycle and he has paid on time. His previous loan helped him improve his business.

Abdel Karim is special in his work because he knows how to treat his clients. His clients are his friends and neighbors. When he first started his business, he didn’t face difficulties because he took after his father’s work. Abdel Karim wants to improve his income and he plans on expanding.

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
  • 92
    View loans »
    Lebanon Loans Fundraising
  • $15,270,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,700 helped Abdel Karim to purchase bird food and different bird breeds.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2009
Listed
Nov 13, 2009
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010