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Ameen is a 51-year-old husband and father of two who is greatly supported by his family. Ameen has a decade of experience working in bread and pastry distribution. Although his financiA. situation has not been entirely stable because of the stiff competition, he has found great support among his friends and neighbors, who make up his customer base. He is eager to further develop his business to increase revenues. Ameen enjoys a good credit history with A. Majmoua, and his last loan was very helpful. He is now looking for another loan to purchase canned goods to add to his inventory.
View original language description ↓
امين في عمر 51 سنة متزوج وله ولدان يعمل في توزيع الخبز والكعك له في عمله 10 سنوات يحب ان يتطور وان يزيد
من مدخوله له تاريخ جيد مع المجموعة وقد ساهم القرض الاول في زيادة مدخوله ودعم مصلحته وقد كان يلقى
الدعم الكامل من عائلته يريد من خلال طلب قرض له من المجموعة الى شراء معلبات وتوزيعها لزيادة المدخول
اوضاعه المادية لم تكن مستقرة لأنه يلقى منافسة في عمله ولكنه يلقى دعم من محيطه العملي حيث ان زبائنه
هم من محيطه وجيرانه واصدقائه

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
  • 142
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ameen to purchase canned goods to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 10, 2011
Jan 13, 2011
Currency Exchange Loss:
Feb 15, 2012