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Moustafa is a 52 year old married man, father of four children, living and working in Beirut. Moustafa has worked selling clothes since 1993. He is well known in his region. Moustafa sells men's wear and most of his friends, neighbors and relatives are his customers. Mousatfa has received loans through Al Majmoua 4 times in the past. He is an upstanding borrower and knows how to invest in his business. As with his previous loans, Moustafa is requesting a loan from Al Majmoua in order to buy new spring/summer collection to increase his income and fullfil his customers needs.
Moustafa hopes to expand his business more and to provide his family a secure healthy living.

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
  • 126
    View loans »
    Lebanon Loans Fundraising
  • $16,605,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,600 helped Moustafa to buy a new Spring/Summer collection.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 28, 2011
Apr 23, 2011
Currency Exchange Loss:
May 15, 2012