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Omar
Omer is married and has two children. He is 30 years old and works as a head contractor in construction. He has 20 years of experience in his field, and he does his work well and in innovative ways. He would like to increase his income in order to support his family in terms of their materiA. needs and their status in society. He has a good history with A.-Majmoua, and he received the full support of his family during his last loan. With a loan from A.-Majmoua, he wishes to buy new construction equipment, as well as calves and other livestock. By doing this, he should be able to increase his income and overcome the materiA. difficulties he faces in improving himself.
عمر متزوج وله ولدان عمره 30 سنة يعمل معلم عمار بناء وتعهدات له في عمله 20 سنة يعمل بشكل جيد ومبتكر يريد ان يزيد من مدخوله وان يدعم عائلته ماديا واجتماعيا له تاريخ جيد مع المجموعة وكان يلقى الدعم الكامل يريد من خلال طلب قرض من المجموعة الى شراء عدة جديدة + شراء عجول ومواشي لدعم عمله وزيادة مدخوله حيث انه يواجه صعوبة مادية في تطوير نفسه

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $15,795,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Omar to buy new construction equipment.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 14, 2011
Listed
Apr 1, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012