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Ibrahim
Ibrahim is a 36-year-old married man living in Bint Jbeil with his wife and two kids. Ibrahim has been a wholesale food supplier since 2006. He is a hard worker with a good reputation for his commitment and proficiency at work. Most of his clients are from Bint Jbeil.

Ibrahim is requesting a loan from Al Majmoua for the first time, in order to buy cigarettes and tobacco. He introduces new products gradually to his customers in order to assure his products are all sold out. Ibrahim would like to buy a big and modern pickup truck in the future to transport the products sold to customers as an additional service.

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
  • 72
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • 1,504.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ibrahim to buy cigarettes and tobacco.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 29, 2011
Listed
May 2, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012