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Samer
Samer is a 51-year-old married man. He is the father of two children whom he describes as his whole life.

Samer has owned a grocery store since 2007, which is his only source of income. He works hard to cover all his family's expenses and at the same time support his business.

Samer is requesting a loan from A. Majmoua, in order to pay for his son's university tuition, since he believes that an education is the most important thing to provide to his children.

Samer hopes to keep on expanding his business as much as he can, to keep on providing his customers and family the best they deserve.

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
  • 84
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Samer to pay for his son's university expenses.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2011
Listed
Sep 13, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012