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Fadi
Fadi is a 28-year-old single man from Lebanon. Fadi has been selling aluminum since 2009. He also produces doors and windows, as well as kitchens. He requested a loan from Al Majmoua in order to purchase electrical and production tools for his work. This is the first time that Fadi has requested a loan.

Fadi is special in his work because he does it well. His clients are people from his region and its surrounding. When he first started his business, he passed though some financial issues. He decided on doing his business because he had gained experience in this field of work. In the future, he plans on improving his business.

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
  • 94
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    Funds lent in using Kiva
  • 1,501.6
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Fadi to purchase electrical and production tools for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 24, 2010
Listed
Jun 15, 2010
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2011