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Nadim
Nadim is a 32-year-old married man living in Tyre with his wife and two kids. Just like most of his fellow villagers, Nadim runs several businesses, in addition to transporting water to farmers' lands using his tractor. Nadim owns a bus which he uses during the school season to transport students all over his village and nearby villages. Nadim also sells mineral water, transporting it to his fellow villagers' homes and businesses, since it's not affordable most of the time, as requested by the villagers. He is a smart hard worker. Most of his clients are village citizens and other villagers.

He is a man with a good reputation for his commitment to his work. Nadim is requesting a loan from Al Majmoua for the third time, in order to buy cattle to trade with. He wants to improve his living conditions and to secure his customers' loyalty.

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
  • 74
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Nadim to buy livestock to trade with.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 4, 2011
Listed
May 2, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012