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Hadi
Hadi is a 23 year old single man who has owned a restaurant since 2009. He is requesting a loan from Al Majmoua to change the decor of his restaurant, buy a grill, and increase his merchandise. Hadi’s clients are villagers, friends, and relatives. His experience comes from working and also from completing a lot of training. Hadi hopes to expand his business and also open a new branch in the Beirut area.

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
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hadi to change restaurant decor and buy merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2010
Listed
Oct 26, 2010
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2011