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Ghassan
Ghassan is a 52-year-old married man, father of three children. Ghassan works as a mobile fruit & vegetable dealer. He moves from one village to another to sell his products. He is requesting a loan from Al Majmoua, in order to buy a Renault Rapid car necessary for expanding his business region.

Ghassan is well organized and a man with a good reputation. His clients like dealing with him because his products are very fresh & tasty. He hopes to expand his business through opening a wholesale storage.

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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,205,750
    Funds lent in using Kiva
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ghassan to buy a Renault Rapid car necessary for expanding his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 26, 2010
Listed
Oct 26, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 19, 2011