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Hadba
Hadba is a 34-year-old married man and the father of three children. In 2005, he opened a grocery store in his town in the Bekaa Valley. He decided to open his shop because he saw a need for such services in the region. His wife also helps him in his grocery store sometimes and, together, they pay for their family's expenses. He offers foods, such as dairy products, breads, cereals, drinks, canned food, and candies, to his clients.

Hadba is requesting a loan to purchase merchandise to fill his shop with the needed merchandise to increase his sales and, therefore, his income.

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
  • 119
    View loans »
    Lebanon Loans Fundraising
  • $16,255,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Hadba to purchase mechandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 19, 2010
Listed
Apr 12, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011