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Abed Al Nasser
Abed A. Nasser is a 50-year-old married man and father of three children. He has worked in construction for the last 35 years, and was very young when he started working. Unlike his friends, he had to help in his family's income instead of enjoying teenager's games and conversations.

Abed A. Nasser misses his childhood a lot. He works hard on providing the best for his kids, and makes sure that they will enjoy their childhood through working hard on improving his business and increasing his income to cover their expenses.

Abed A. Nasser is specialized in pasting tiles and polishing them. He uses a generator to provide himself with electricity since it is a major problem in Lebanon. He needs to cut tiles through a specialized electric cutter, which will help in finishing his business in a short period of time with the best quality provided.

Through requesting a loan from A. Majmoua, Abed A. Nasser will be capable of fixing his generator, because it is not working as it should be, and this will affect his business a lot, since he'll be late in finishing most of his work.

Abed A. Nasser can't imagine his business without having an engine that makes his life easier as he describes it. Abed A. Nasser hopes to open his own company in the future that deals with all types of construction.

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
  • 49
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Abed Al Nasser to fix his business generator.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2011
Listed
Aug 14, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012