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Bachir
Bachir is a 27-year-old single man from Tayouneh, owner of a men's & women's clothing shop since 2006, with 12 years of experience in this field. Bachir’s products are of good quality, and most of his customers are his friends, neighbors and relatives. His customers like to visit his shop on a weekly basis, to find out if he has brought new styles. He always works on renewing his product line as well as slightly changing the decoration of his shop.

Bachir is requesting a loan from Al Majmoua in order to buy new lines of clothing for the festive seasons because most of his customers ask for something different for such occasions. Bachir hopes to open more branches in nearby areas.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $14,824,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Bachir to buy new styles for the festive seasons.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2012