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Ghassan is a fifty-five-year-old man who lives with his wife and their two children. Ghassan has been operating a photography shop for over fifteen years. He does professional pictures for individuals or events. He is an active and working man, and he does his best to improve his financial situation. In order to provide the best for his family, he works early in the morning until late in the evening, and he tries his best not to miss an occasion for photography.

Today, for the first time, he has requested a loan from Al Majmoua in order to purchase tapes, a digital camera, and more.

His clients are his friends and neighbors. When he first started his business, he did not have many clients because he was not known by the public, but he knew how to enlarge his networking.

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
  • 135
    View loans »
    Lebanon Loans Fundraising
  • $17,345,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Ghassan to purchase tapes, a digital camera, and more.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 7, 2010
Apr 24, 2010
Currency Exchange Loss:
May 15, 2011