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Mostafa
Mostafa, 23, is married with 2 children. He has been working at a bakery selling Manakeesh (a pizza-like popular Levantine food consisting of dough topped with thyme, cheese, or ground meat). Mostafa loves his children and seeks to secure a decent life for them. He also wishes to improve the status of his community. Mostafa wants to get a loan from Al Majmoua to repair, paint, and buy new items for his house. Mostafa works hard to earn his living. His business booms as he always works for its development.
View original language description ↓
مصطفى في عمر 23 سنة يعمل في محل لبيع المناقيش اي فرن له في عمله 16 سنة يحب عمله ويريد دائما التطور والتجدد في العمل
متزوج وله 2 اولاد يحب اولاده ويسعى دائما الى تأمين الحياة الكريمة لهم وسبل العيش السليم في منزلهم لديه رغبة في تطوير
وتحسين المجتمع حوله يريد من خلال طلب قرض من المجموعة الى تصليح ودهن وتغيير مستلزمات المنزل يعمل بكد ونشاط يسعى وراء لقمة العيش
فقد ازداد عمله لانه يحب التطور والتحسين

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Lebanon

  • $15,800
    Average annual income
  • 99
    View loans »
    Lebanon Loans Fundraising
  • $16,099,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mostafa to buy painting materials and new items for his house.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2011
Listed
Feb 3, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012