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Kasem is a 36-year-old man from Nabatieh. He has worked in construction for the past ten years. He is requesting a loan from A. majmoua to buy materials for his business specializing in cement. He will also use a portion of the loan to pay for some of his wedding expenses. Kasem is a man of honor: he is honest and hard-working in the eyes of his neighbors, clients, and relatives. He hopes to expand his business and build his dream house in the future.

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
  • 119
    View loans »
    Lebanon Loans Fundraising
  • $17,414,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Kasem to buy materials for cement business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Nov 9, 2010
Dec 8, 2010
Currency Exchange Loss:
Jun 15, 2012