Check out some available loans that are similar to this one!
Nazih
Nazih is a 40-year-old married man living in Bint Jbeil with his wife and three kids. Nazih has worked laying house tiles for 12 years. Nazih is a hard worker. He does so in order to provide secure living for his family members. Nazih is requesting a loan from Al Majmoua in order to buy a new machine used to polish the tiles he lays on the floor. His clients like his work a lot and recommend him to most of their neighbors, relatives and friends. Working hard is his way to provide the best education for his kids. He hopes to expand his business to keep a good base for his family members.

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
  • 105
    View loans »
    Lebanon Loans Fundraising
  • $15,083,425
    Funds lent in using Kiva
  • 1,501.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Nazih to buy a machine that polishes tiles.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 24, 2011
Listed
Feb 13, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 21, 2012