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Nasser
Nasser is a 32 year old married man, father of three children. Nasser works in transporting water, agriculture, sand and stone. He has been doing this business for 13 years. Nasser works hard to fulfill all his family's needs and desires. He works different jobs and strives to be accurate in every profession he takes.

Nasser is requesting a loan from A. Majmoua, in order to change his tractor's wheels and to pay in advance for the people who are going to harvest the tobacco season. He doesn't get paid directly after selling the tobacco, depending on the government's rules of paying.

Nasser hopes to be an owner of developed farming machines that can make planting and harvesting easier.

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
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nasser to change the tractor's wheels in addition to paying the tobacco harvesters in advance.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 26, 2011
Listed
Jun 2, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2012