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Rakan is 33, married with four children and loves his job. He works in the manufacturing and selling of tires and would like to expand his shop. He is honest and pays attention to detail in his work and is determined to develop his business. He has a good credit history with Al-Majmoua and has attained thier full support in the past. With the loan requested from Al-Majmoua, he would like to purchase more tires to sell.
ركان في عمر 33 سنة متزوج وله اربع اولاد يحب عمله هو يعمل في بيع وصيانه الدواليب يحب عمله ويريد التوسع فيه
لديه صدق في العمل ما يميزه هو الدقة في العمل والمثابرة على التطور والتجدد له تاريخ جيد مع المجموعة وكان يلقى الدعم الكامل يريد من خلال طلب قرض له من المجموعة الى شراء دواليب جديدة للمصلحة

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
  • 128
    View loans »
    Lebanon Loans Fundraising
  • $17,359,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Roukan to purchase more stock for his shop.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Jan 25, 2011
Feb 3, 2011
Currency Exchange Loss:
Aug 16, 2012