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Mazher
Mazher is a 43-year-old single man from Metn. He has worked as a butcher for 11 years. Mazher is requesting a loan from Al Majmoua in order to improve his business. He needs to buy new improved machines in addition to lower priced meat through paying cash.

Mazher is well known in his region. His clients especially appreciate his cleanliness and high quality products. Mazher has been an Al Majmoua borrower for seven consecutive years. His previous loans helped a lot in improving his business. He used to pay to rent on his shop but because his business improved he was able to buy his shop which is a good improvement. He's very proud of himself. Mazher is a borrower in good standing.

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
  • 32
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mazher to buy new improved machines necessary to his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2011
Listed
Mar 16, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012