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Youssef
Youssef is a 27-year-old man who lives with his wife in Bint Jbeil, in southern Lebanon. Youssef has been working in agriculture for nine years. He grows fruits and vegetables like tomatoes, watermelon, cucumbers, green beans etc. He requested a loan from Al Majmoua in order to purchase new tools for his work. This is the first time that Youssef has requested a loan.

Youssef is notable in his work because he is known for his good production. His clients are people from his region. When he first started his business, he had to face competition because there is a lot of agriculture in his region. Youssef decided on this business because of his experience of learning it when he was young, and then taking over his family’s business. In the future, he plans to keep on expanding his work by producing more.

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
  • 97
    View loans »
    Lebanon Loans Fundraising
  • $16,099,950
    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 Youssef to purchase tools for his work.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 5, 2010
Listed
Feb 1, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011