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Abass
Abass is a 24 years old married man, living with his wife and child in Bint Jbeil. Abass opened his own shop in 2003, with 12 years of experience. He was still a child when he started working, and it all was for the sake of helping his family in their living expenses. Abass works in painting furniture, in addition to houses. He is an expert in his field in his clients opinion.

Abass is requesting a loan for the first time from Al Majmoua in order to start a new business; he wants to open a shop where he can sell all types of painting materials and tools. Abass seeks improvement, he is willing to educate his child with the best education available, and seeks to provide him with the best childhood possible since he didn't live his appropriately. Abass is a person with good manners, he works hard to prove his abilities and he translates his dreams into practical reality.

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
  • 48
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • 1,501.1
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abass to buy house painting materials and products to open a retail shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2011
Listed
Apr 7, 2011
Currency Exchange Loss:
Covered
Ended:
Apr 21, 2012