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Fadi is a 35 year old married man who owns a farm in Chtoura. Since 2005 he has been raising cows on his farm and he has 20 years of experience. Fadi is requesting a loan for the first time from Al Majmoua in order to continue doing necessary maintenance on his farm before the winter season.

Fadi is an ambitious man who seeks the best in everything he does and he works hard to do what is best for his cows and their production. His clients are wholesale traders. Fadi started his business with a weak financial situation and he has worked hard to reach his current level. Fadi’s ambition is to expand his business and to own a bigger farm to increase his income and improve his family’s financial and social situation.

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
  • 148
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Fadi to do necessary farm maintenance.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 25, 2010
Oct 25, 2010
Currency Exchange Loss:
Dec 15, 2011