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Oumran
Oumran, 25, is a single man who has been working in tile polishing for eight years. He also transports water, in addition to driving agricultural transport.

Oumran has been an Al Majmoua-Kiva partner for three cycles. He is in good standing as a borrower, a hard worker and a man with a good reputation. In order to keep up his work, Oumran has requested a loan from Al Majmoua to buy the necessary tools and hardware for his tile polishing machine. This hardware will help improve his quality of work in a short period of time. Oumran is also seeking to finish pasting tiles and installing aluminum windows in his own house, which he is currently building to be his home. He needs to expand his business tools in order to cover more project requests.

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Oumran to buy the necessary tools and hardware for his tile polishing machine.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2011
Listed
Jun 7, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012