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Moustafa
Moustafa is a 43-year-old husband and father of two who has for the past thirteen years been working diligently and proactively bussing students from the families of his friends and neighbors. Moustafa wants to further advance himself and be able to meet all the needs of his family, whom he loves very much. Accordingly, he is seeking a loan from Al Majmoua for a new van to further expand his business. His own educational attainment being modest, Moustafa wants to further improve his financial situation and help his children complete their schooling. Moustafa is very ambitious and earnest in his work, and furthermore very faithful to his commitments, as demonstrated by his history with Al Majmoua.
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مصطفى في عمر 43 سنة متزوج وعنده ولدان يحب اولاده وعائلته كثيرا يعمل بجد ونشاط لديه باص لنقل الطلاب له في عمله ما يقارب 13 سنة يحب عمله ويسعى الى تطوير نفسه وتأمين كل احتياجات عائلته يريد من خلال اخذ قرض من المجموعة الى شراء فان جديد لتوسيع مصلحته مستواه التعليمي متوسط لذلك يريد ان يحسن وضعه المادي والاجتماعي ومساعدة اولاده على استكمال تعليمهم زبائنه هم من جيرانه واصدقائه طموح وجدي جدا بعمله وملتزم من حيث تاريخه السابق مع المجموعة.

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
  • 38
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Moustafa to purchase a new van to expand business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Nov 10, 2010
Listed
Nov 12, 2010
Currency Exchange Loss:
N/A
Ended:
Dec 16, 2011