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Abir
Abir is a 40-year-old married man living with his wife in Chtoura. He has worked by transporting sand and rocks in his caterpillar (tractor) for the past 15 years. He is requesting a loan from Al Majmoua in order to add to what he has saved towards the price of the new pick-up which he bought to increase and improve his work. His clients are his neighbors and neighboring villages. His father’s support and his good reputation were the key to being introduced to his clients. He is working on expanding his work as much as he can.

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
  • 97
    View loans »
    Lebanon Loans Fundraising
  • $15,320,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Abir to pay for the new pick-up.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 9, 2010
Listed
Oct 7, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011