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Adnan
Adnan is a 53 year old man who lives in the Beirut, capital of Lebanon with his wife and their two children. Adnan has owned and operated a coffee shop for five years. He also offers “narguileh” (also known as 'shisha' in Egypt), which is an ancient tradition enjoyed by the people of the Middle East. A tall (or short) water pipe is used to smoke fruit-flavored tobacco. Narguileh is enjoyed in cafes across the Middle East and is beginning to gain popularity in the US, Europe, and other countries.

He decided to start his business because he used to work as a waiter and gained experience from his previous jobs. He is special in his work because he is well located, and he does his best to meet his clients’ demands and offer them the best. His clients are his friends, neighbors and tourists. When he first started his business, he didn’t have a lot of clients, because he wasn’t known by the public, but he knew how to enlarge his network.

He has requested a loan from Al Majmoua to purchase an espresso machine. Adnan has been a microcredit client for seven years now and has always paid on time. His previous loans allowed him to continually improve his business by purchasing the necessary tools to have a nice coffee shop.

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
  • 87
    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 $1,300 helped Adnan to purchase an espresso machine.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
Apr 12, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011