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Basel is 38 years old and married with a son. He works in a grocery store selling fruit and vegetables and has been doing this for five years. His business has a good reputation and he is distinguished for his hygiene, good prices and high quality produce. He loves his business and wants to increase his income. He is ambitious and wants to provide rare and seasonal produce. He has a great desire to purchase his own store and expand his business but he lacks the financial capital necessary to do this. With this loan he wants to purchase seasonal produce, increase his financial capital to support his business and thereby secure a good future for his children.
باسل عمره 38 سنة يعمل في بيع الخضار والفواكه له في عمله 5 سنوات هو رجل متزوج واب لولد له تاريخ جيد في مصلحته حيث يتميز بالنظافة والبضاعة الجيدة يحب عمله ويريد ان يزيد من مدخول عائلته ومدخول مصلحته حيث يريد ان يتميز في عمله بالبضاعة النادرة وخاصة الموسمية منها فهو طموح ومحب للعمل يريد من خلال طلب قرض من المجموعة الى شراء بضاعة موسمية وزيادة رأس المال في العمل يتميز بأسعاره المميزة والجودة في العمل يريد ان يؤمن مستقبل جيد لأولاده ودعم عمله هو لديه رغبة كبيرة في امتلاك عمل خاص به وتكبير مصلحته ولكن ما ينقصه سوى المادة حتى يتمكن من تكبير العمل

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
  • 142
    View loans »
    Lebanon Loans Fundraising
  • $17,427,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Basel to purchase seasonal produce and increase the financial capital necessary to support and expand his business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Apr 26, 2011
Jun 1, 2011
Currency Exchange Loss:
Aug 16, 2012