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Fawzi
Fawzi is a 42 year old butcher who lives in south Lebanon, in the region of Nabatieh. Fawzi is divorced and has a son. This is the fourth time Fawzi has requested a loan from Al Majmoua. He needs to buy cows for his butcher shop. His clients are usually the surrounding neighbors. Fawzi is striving to generate enough revenue to take care of his son and to provide for the family.

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
  • 80
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Fawzi to buy cows for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 26, 2007
Listed
Nov 10, 2007
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2008