Check out some available loans that are similar to this one!
Moustafa
Moustafa is a 34 year old married man and father of two children, living and working in Bint Jbeil. Moustafa has worked in hardware selling since 2005. His business has expanded through the years and his customers are increasing more and more. Moustafa needs to increase his capital, in order to fulfill his customers needs and requests. To do so, Moustafa has asked for a loan from Al Majmoua, a Kiva partner. This is Moustafa's third cycle with Al Majmoua. All his previous loans have had a positive impact on his business, and he has been a good standing borrower.

Moustafa hopes to improve his business more and buy a new truck, in addition to providing his family the best living.

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
  • 43
    View loans »
    Lebanon Loans Fundraising
  • $14,755,800
    Funds lent in using Kiva
  • 1,513.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,325 helped Moustafa to increase his Capital.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2011
Listed
Jun 11, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012