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Abbass
Abbass is a 64-year-old married man and father of one child. He has been working with cattle for the last 40 years.

Abbass is a hard worker, he has spent most of his life raising his cattle in a very good area, to ensure they have the best quality that could be requested.

Abbass works hard on improving his family's way of living and eating. He is requesting a loan from Kiva partner Al Majmoua to fix all his irrigation equipment and to buy cattle food to store for the winter, because the price is very affordable right now.

Abbass has been Al Majmoua borrower for two loan cycles, the previous loan had a very good impact on his business and life. He hopes this loan will help more in improving everything he needs.

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
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $15,295,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abbass to fix an irrigation system and increase cattle feed storage.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Aug 29, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012