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Nader is a 27-year-old man who lives in the Bekaa with his wife and their three children. Two years ago, Nader decided to open mini-market in his region. He has been selling fruits and vegetables, all types of groceries such as candies, canned food, corn flakes, chips, pasta, rice, and lots more, as well as drinks and household cleaning products.

In order to provide the best for his customers, Nader has requested a loan from A. Majmoua to purchase merchandise for his market. This is the first time that Nader has requested a loan from A. Majmoua.

Nader is speciA. in his business because he knows how to treat his customers, as well as having a good reputation. His customers are his friends and neighbors. When he first started his business, he had to face competition. Nader decided on doing his business because he always liked selling and wanted to have an independent job. For the future, he plans to keep on improving his shop so as to attract more customers.

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Nader to purchase merchandise for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 25, 2010
Feb 1, 2010
Currency Exchange Loss:
Feb 15, 2011