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Abbass
Abbass is a 39-year-old man who lives in Bint Jbeil, southern Lebanon with his wife and their two children. Abbass has owned a bakery since 1998. He sells mankoucheh and pizzas. A Mankoucheh looks like a folded pizza. The most common toppings are zaatar (thyme), jebneh (cheese) and lahm bi ajin (minced meat). You can eat it anytime of the day, but somehow it tastes better in the morning. Ali is special in his work because he is known for his good and tasty mankoucheh. Abbass also does Lebanese pastries like “Fatayers” which are spiced triangular spinach pies stuffed with meat and onions; “Manakich” which are pastries baked with thyme, olive oil, spices and sesame seed; “Sfiha” which are pies made from our own fresh dough topped with spicy ground lamb meat, onions and tomatoes. When he first started his business, he passed through some financial issues and took loans at Al Majmoua. This is his third loan and he has always paid on time. He requested a loan from Al Majmoua in order to purchase raw materials and gas for his oven. His clients are his friends, neighbors and people from his region. He plans to keep on improving his work and offering 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

  • $15,800
    Average annual income
  • 67
    View loans »
    Lebanon Loans Fundraising
  • $15,853,850
    Funds lent in using Kiva
  • 1,501.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Abbass to purchase raw materials and gas for his oven.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 5, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2011