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Saleh
Saleh is a 21-year-old hardworking single man. He owns a van which he uses to sell coffee in the Tyre region. He describes it as a mobile delivery cafe. Saleh owns an espresso machine, which gives his coffee a special taste compared to others'. Saleh started his business in 2004. These seven years of experience helped lay a foundation for him, bringing him loyal customers and a special position in his business. This is Saleh's first time requesting a loan from Al Majmoua, and it's because he wants to increase his sugar and coffee capital, in addition to paying for painting his house and pasting new floor tiles. Saleh hopes to expand his business and to have a beloved family of his own in the future.

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
  • 35
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Saleh to buy extra coffee and sugar with special prices.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 23, 2011
Listed
Jun 21, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012