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Oussama
Oussama is a 42 year old man who lives in Bint Jbeil, southern Lebanon with his wife and their child. Oussama has been selling scrap metal for two years. He requested a loan from Al Majmoua to purchase merchandise for his shop. Oussama has been a microcredit client for five years now and has always paid on time.
Oussama offers a wide range of products. His clients are people from his region, but mainly his friends and neighbors. When he started his business he had some financial issues purchasing the required stock. Oussama decided to run his business because he took over his family’s business. In the future, he plans to keep improving his work.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Oussama to purchase merchandise for his shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 12, 2010
Listed
Feb 4, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011