Check out some available loans that are similar to this one!
Adel is married and lives in Tyre with his wife and 3 children. He is ambitious, and is tired of his van, which he uses for the work he’s been doing since 2000; selling coffee, tea, and hookahs as a peddler, roaming from one village to the other in Tyre. Adel often settles in one location where his regular customers hang out. The quality of his product and his hygiene standards encourage many people, including friends, neighbors, and tourists, to buy his products. Adel has previously dealt with Al-Majmoua and has a good borrowing history. His previous loan had a positive impact on his life, as it significantly improved his financial situation. This time, Adel is planning to open a shop to sell and repair mobile phones, thus increasing his income and first and foremost improving the financial and social situation for his children and family. Adel aims to expand his business in the future to include a small café in which his customers can gather.
View original language description ↓
عادل شاب متزوج طموح، يعيش في منطقة صور مع زوجته وأولاده الثلاثة. يمل عادل سيارة فان يستخدمها في مصلحته التي يزاولها منذ العام 2000، وهي بيع القهوة، الشاي، النسكافة و الأراكيل المتجول بين قرى صور. يعمد عادل في أغلب الأوقات إلى إتخاذ مقر ثابت له يقصده فيه زبائنه المعتادون. نوعية منتجاته والنظافة في مهنته يشجع الكثير من الأشخاص، منهم الاصدقاء، الجيران وبعض السياح إلى شراء ما ينتج. سبق لعادل التعامل مع المجموعة، وهو ذات تاريخ إقتراضي جيد، وكان للقرض تاثير إيجابي على حياته، فقد حسن وضعه المادي جداً. في هذه المرة ينوي عادل إفتتاح محل لبيع الأجهزة الخليوية، بالإضافة إلى الصيانة. وذلك لزيادة مدخوله، وتحسين الوضع المادي والإجتماعي لأولاده وعائلته بالدرجة الأولى. يهدف عادل إلى توسيع نطاق عمله في المستقبل ليشمل مقهى صغير يجمع فيه زبائنه.

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
  • 121
    View loans »
    Lebanon Loans Fundraising
  • $16,623,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Adel to open a mobile phone shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 14, 2010
Sep 22, 2010
Currency Exchange Loss:
Oct 15, 2011