Check out some available loans that are similar to this one!
Youssef
Youssef is 22 years old and unmarried. He works in the home tile business. He has seven years of experience in this field. He is trying to develop his business and improve his financial situation and social status, as well as the financial situation and social status of his family, as he has a very good relationship with his family and provides them with all of their material needs. He stands out in his field due to his experience and skill; however, what is hindering his progress in his business is a lack of capital. He needs capital in order to progress in his business and develop himself financially and socially. He has customers from his community and his neighborhood. With a loan from al-Majmoua, he would like to buy a truck (model "Rapid") to use in his work, as well as new equipment to expand his business. He is ambitious and wants to build a good future for himself, similarly as he wants to start a close-knit family on a strong financial foundation.
يوسف رجل اعزب عمره 22 سنة يعمل في بلاط المنازل له في عمله 7 سنوات يسعى الى تطور العمل وتحسين الوضع المادي والاجتماعي له ولعائلته حيث انه يتميز بالعلاقة الجيدة مع الاهل وهو متكفل بكل ما يلزممهم فهو يتميز في العمل بالخبرة والمهارة ولكن ما يعيق تقدمه بالعمل هو رأس المال القليل حتى يتمكن من تقدم في العمل وتطوير ذاته ماديا واجتماعيا له زبائن من المحيط والجوار يريد من خلال طلب قرض من المجموعة الى شراء سيارة رابيد للمساعدة في العمل وشراء معدات جديدة لتوسيع العمل فهو طموح يريد ان يبني مستقبل جيد وان يؤسس لعائلة مترابطة على اساس مادي جيد

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
  • 97
    View loans »
    Lebanon Loans Fundraising
  • $16,099,950
    Funds lent in using Kiva
  • 1,504.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Youssef buy a truck (model "Rapid") with which he can transport the tiles and equipment he uses in his home tile business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 7, 2011
Listed
May 9, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 16, 2012