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Rami is a 19-year-old single man from Chtoura. He has owned an aluminum sales shop since 2009. Since Rami is fresh with his new business, he is requesting a loan from Al Majmoua, in order to increase his aluminum capital, to be able to meet most of his clients orders. Rami is an ambitious hard worker who started his business with a small amount of capital and is working hard to improve his business as much as he can. His dream is to enter the wholesale trade world. Then, he might think of making the family he always dreams of.

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
  • 181
    View loans »
    Lebanon Loans Fundraising
  • $17,467,250
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Rami to increase his aluminum capital.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Dec 27, 2010
Jan 10, 2011
Currency Exchange Loss:
Feb 15, 2012