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Shadi
Shadi is a 37-year-old married man living in Lebanon with his wife and four children. Shadi has worked in a few occupations -- trading charcoal and wood, decorating glass with sand, and as a farmer -- for 13 years. Shadi believes that, in Lebanon, you have to work at multiple things in order to insure a good living for your family.

This is Shadi’s fifth loan cycle with Al Majmoua and he proved to be a trusted person. This time Shadi is requesting a loan in order to buy a pickup for his business so he can do his work in an easier and faster way.

Shadi hopes to widen his work in all sectors and benefit his family members through working with him.

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
  • 51
    View loans »
    Lebanon Loans Fundraising
  • $14,751,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,800 helped Shadi to buy a pickup for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 19, 2010
Listed
Aug 15, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011