Check out other loans that are currently fundraising!
Abbas
Abbas is 26 years old. He is married. He is the owner of a juice shop and has extensive experience in producing juice and drink recipes. Abbas loves his job and is looking to develop and secure a better future for himself and his family. He has been in the profession for more than three years. Abbas wants to use his loan from Al Majmoua to purchase new equipment for his business. He has a wide clientele base within his region, which includes his friends and relatives. He receives ongoing support from his family which helps him develop.
View original language description ↓
عباس عمره 26 سنة غير متزوج صاحب محل لبيع العصير لديه خبرة واسعة في صنع العصائر والمشروبات يحب عمله ويريد ان يتطور
ويؤمن مستقبل جيد له ولعائلته له اكثر من 3 سنوات في عمله يريد من خلال طلب قرض من المجموعة ان يشتري ماكينات جديدة لمصلحته
لكي يطور محله له زبائن كثر خاصة في نطاق منطقته ورفاقه واقاربه يلقى دعم مستمر من عائلته لكي يتتطور

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $15,255,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Abbas to buy new machines to expand the shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2010
Listed
Nov 11, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2012