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Abd Allah
Abd Allah is a 35-year-old man who lives in Beirut, the capital of Lebanon, with his wife and their two children. Abd Allah has been selling frames and paintings for fifteen years. He likes art and offers a big variety of paintings from all different genres. He paints, but doesn’t sell his paintings because he likes it and it is his hobby.

He has requested a loan from Al Majmoua to purchase paintings and frames. Abd Allah has been a micro-credit client for nine years and has always paid on time. His previous loans allowed him to improve his sales and expand his stock.

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.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $14,792,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Abd Allah to purchase paintings and frames.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2010
Listed
Apr 12, 2010
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2011