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Kaberael
Kaberael is a 40-year-old man who lives in Beirut, the capital of Lebanon, with his wife. Kaberael has owned a butcher shop for over fifteen years. When he first started his business, he had some financial issues because the cost of his machines is high.

He decided to operate his shop because he learned the business when he was young, and now has taken over his father's business. Kaberael is well known for his business because of the good quality of the meat he sells. His clients are his friends, neighbors and people from his region.

He requested a loan from Al Majmoua in order to repair one of his machines. This is the first time that Kaberael has requested a loan. In the future, he plans to keep on improving his work by always providing the best to his clients.

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
  • 57
    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 $1,000 helped Kaberael to repair one of his machines.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2010
Listed
Jan 26, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2011