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Yassin is a 55-year-old Lebanese entrepreneur and the father of five children. In 1985, he decided to open a grocery store in his town. He decided to open his shop because he saw a need for such services in the region, and also because he has experience in sales. His family has always supported him in developing and improving his work. He offers food products, dairy products, breads, cereals, drinks, canned food, candies, and more products to his customers.

Today, Yassin is requesting a loan to purchase merchandise to stock his shop in the hopes that this will increase his sales and, therefore, his income.

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
  • 125
    View loans »
    Lebanon Loans Fundraising
  • $17,359,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Yassin to purchase merchandise for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 18, 2010
May 24, 2010
Currency Exchange Loss:
Jun 15, 2011