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Moustapha
Moustapha, 34 years old, married and father of two, runs a blacksmith business in the city of Tripoli in the North of Lebanon. He has been a borrower of Al Majmoua for the past 3 years and has a very clean history of on time repayments.
Moustapha is a hardworker whose only concern in life is to provide his children with the best life he can.
Moustapha needs the amount of USD 1,200 to buy a stock of steel that he as negotiate for a very good price. When our beneficiaries tell the suppliers they can pay cash for the goods, this is usually a great power of bargain and they benefit from substantial discounts.

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
  • 84
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Moustapha buy a stock of steel.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 14, 2007
Listed
Sep 30, 2007
Currency Exchange Loss:
N/A
Ended:
Oct 2, 2008