Check out some available loans that are similar to this one!
Faysal
FaysA., 50, is married with three children. He has been working in selling grocery items for 18 years. He loves his family who enjoy his full care and support. FaysA. has a good credit history with A. Majmoua. He wishes to improve his family conditions and educate his children well. FaysA. works at a grocery but lacks the capitA. necessary for developing his business. He looks forward to owning a bigger grocery store. His clients are his neighbors and relatives. He wants to get a loan from A. Majmoua to buy new inventory items to increase his stock and expand his business.
View original language description ↓
فيصل في عمر 50 سنة يعمل في محل لبيع المواد الغذائية له في عمله 18 سنة متزوج وله 3 اولاد يحب عائلته وهي كل اهتمامه
له تاريخ جيد مع المجموعة يريد ان يحسن وضع عائلته وتعليم اولاده يجد صعوبة في راس المال فقط لتطوير مصلحته يحلم في
امتلاك عمل خاص به وانشاء سوبر ماركت كبيرة حتى تصبح مقصدا لزبائنه الذين هم من جيرانه واقاربه يريد من خلال طلب
قرض من المجموعة الى شراء مواد غذائية واضافتها الى البضائع الموجودة حتى يزيد من رأس ماله وتكبير مصلحته

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
  • 61
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Faysal to buy more grocery inventory to expand business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 14, 2011
Listed
Feb 1, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012