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Afif
Afif is a 45 year old entrepreneur from Lebanon. His is married and has four children. He owns a grocery store and has eight years of experience in grocery retail. Afif offers food products, dairy products, breads, cereals, drinks, canned food, bread, candies, home cleaning products and more to his clients.

Because of his experience and seniority, he has a large customer base which consists of his neighbors and friends. When he first started he had some financial problems to create and establish his store. He decided on starting his business because he knows how to approach people. He is special in his work because he can deliver the orders at home; his clients call him, and then he goes and delivers at their place. For the future, he hopes to keep on improving his work and start selling toys.

Today, Afif is requesting a loan to purchase merchandise for his store. This is the first time that he has requested a loan.

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
  • 63
    View loans »
    Lebanon Loans Fundraising
  • $15,625,700
    Funds lent in using Kiva
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,175 helped Afif grocery store inventory.
100% repaid
Repayment Term
23 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2010
Listed
May 11, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012