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Sayfo
Sayfo is a 54-year-old married father of 6 children. He works in the selling of poultry and has been doing this for 7 years. He has a good credit history with al-Majmoua and his last loan supported his business a great deal. He has the full support of his family. With this loan he wants to purchase a new electricity generator and a new machine for the chickens in order to increase his income and develop his business. He is ambitious and wants to secure a good standard of living for himself and his family. He suffers from lack of financial capital and strong competition in the market. He has distinguished skills and is disciplined. He is the local service provider for many of his neighbours, relatives and local residents.
سيفو عمره 54 سنة متزوج واب ل 6 اولاد يعمل في بيع الدجاج له في عمله 7 سنوات له تاريخ جيد مع المجموعة حيث ساهم القرض السابق في دعم عمله وكان يلقى العم الكامل من العائلة يريد من خلال طلب قرض من المجموعة الى شراء مولد للكهرباء و ماكينة للدجاج حيث يتمكن من زيادة مدخوله ودعم عمله وتطويره وهو طموح يريد ان يؤمن العيش الجيد له ولعائلته يعاني ضعف في الرأسمال في العمل حيث انه يتعرض لمنافسة قوية في العمل يمتلك مهارات عاليه في العمل وه ملتزم ومقصد من جيرانه اقاربه واهل منطقته

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
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • 1,509.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,325 helped Sayfo to purchase a new electricity generator and machine for the chickens.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 18, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Covered
Ended:
Aug 16, 2012