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Ziad
Ziad, 32, lives in Beirut, the capital of Lebanon. Ziad has owned a mobile phone for almost two years. He sells all type of new and used mobile phones and he also repairs them. He also sells mobile accessories like chargers, earphones, covers and more. He decided on this business because he wanted to work independently. When he first started his business, he didn’t face difficulties because his clients are his friends and neighbors. He is requesting a loan from Al Majmoua to purchase merchandise to sell. This is the first time that Ziad has requested a loan from Al Majmoua. He hopes to expand his work in the future.

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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $15,083,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Ziad to purchase merchandise to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2010
Listed
Mar 4, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011