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Achraf
Achraf is a 35-year-old single man living in Tyre. He has been the owner of an educational tutoring center since 2004 and has twelve years of tutoring experience. Achraf helps students improve their knowledge and grasp important things poorly understood. He works in any language and in any major.


Achraf is experienced in his field because he used to teach in other schools and centers. Now he owns his own study center. His clients are his neighbors and relatives’ children, plus those from nearby schools. One of the difficulties in his business is to convince students that this center has been built for their benefit.


This is the first time Achraf is requesting a loan from Al Majmoua. He would like to improve his business by buying forty extra desks and an LCD projector. Achraf believes that the loan will improve his ability to teach effectively and to obtain knowledge in the center.


Achraf hopes not only to expand his business and attract more students, but to enlarge his means of teaching with newly-updated worldwide knowledge as well.

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Achraf to buy forty extra desks and an LCD projector.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2010
Listed
Oct 11, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011