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Raghierd is 22 years old and unmarried. He works in a store which sells movies and CDs, and organizes parties. He has seven years of experience in this line of work. He likes his work and sees in it the possibility to realize his aspiration of becoming a party planner. He continuously follows developments and whatever is new in his field. He is trying to secure a good future for himself and for his family, particularly because he helps to support his family and thereby maintain his relationship with his family. He is ambitious and serious about his work, and he stands out in his field through his love for his work and his innovation. He isn't having problems from competition in his community, but he does lack certain material resources which he needs to support his business. With a loan from al-Majmoua, he would like to buy display lighting equipment to improve his store, as well as a mixer, which he uses in putting on parties. He has many customers from his own town, from neighboring towns and from among his friends. He has a very strong passion for both his work and for supporting his family.
رغيد عمره 22 سنة غير متزوج يعمل في محل لبيع الاقراص المدمجة والافلام وتعهد حفلات له في عمله 7 سنوات يحب عمله ويرى فيه طموح كبير بان يصبح منسق حفلات يريد دائما ملاحقة كل ما هو متطور ومتجدد يسعى الى تأمين مستقبل جيد له ولعائلته خاصة انه يساعد اهله لكي يتمكن من استمرار العلاقات الاسرية فهو جدي في العمل طموح يتميز بحبه لعمله وابتكاره فيه لا يعاني من منافسة في محيطه لكن ما ينقصه هو بعض المادة ليتمكن من دعم عمله يريد من خلال طلب قرض من المجموعة الى شراء جهاز عرض للانارة وتقوية المحل وايضا شراء جهاز يستعمله في الحفلات وهو ( mixer) له زبائن كثر من المناطق المجاورة لقريته ومن قريته واصدقائهله شغف كبير في عمله وذلك ايضا من دعم من اهله

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
  • 120
    View loans »
    Lebanon Loans Fundraising
  • $16,623,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Raghierd buy display lighting equipment for his media store and a mixer to DJ at parties.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 7, 2011
May 1, 2011
Currency Exchange Loss:
May 15, 2012