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Rifaat
Rifaat, who is 38 years old and married, has four years of experience working in the distribution of generator-powered electricity. He very much enjoys his work and is distinguished by his credibility and integrity. Rifaat also receives considerable support from his customers, most of whom hail from his home village. The last loan from Al Majmoua had a very positive impact in enabling Rifaat to achieve higher revenues. Accordingly, he would now like to seek another loan to purchase a new generator and new grids.
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رفعت في عمر 38 سنة يعمل في اشتراكات المولدات الكهربائية له في عمله اربع سنوات متزوج يحب عمله وقد لقي دعم
كبير من محيطه العملي حيث ان زبائنه هم اكثرية اهل قريته يريد وقد اثر بشكل ايجابي عليه قرضه الاول من المجموعة
في زيادة مدخوله ما يميزه هي المصداقية في التعامل والصدق في العمل يريد من خلال طلب قرض له من المجموعة الى
شراء شبكات جديدة للمولد وشراء مولد جديد

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Rifaat to purchase new electric generator and new electric grids.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2011
Listed
Jan 13, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2012