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Abdel Kathem
Abdel Kathem is a 38-year-old man who lives in Bint Jbeil, southern Lebanon, with his wife and their child. Abdel Kathem has owned a grocery store since 2006. He sells chips, candies, soft drinks, chewing gum, food supplies and lots more.

He requested a loan from Al Majmoua in order to purchase merchandise for his store to increase his stock. This is his third loan and he has always paid on time. His previous loans helped him to diversify his merchandise.

Abdel Kathem is special in his work because he knows how to treat his clients and is welcoming. His clients are people from his region. When he first started his business, he has some financial issues to purchase all the needed merchandise. He decided on doing his business because of his experience in trading. In the future, he plans on improving his 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
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • 1,501.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,350 helped Abdel Kathem to purchase merchandise for his store.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 19, 2010
Listed
Jan 18, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 19, 2011