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Ibrahim
Ibrahim is a 47-year-old married man and the father of seven children. Ibrahim has been working in selling electronics since 15 years ago. His business is linked with technology's updates, so he has to be aware of all the new releases.

Ibrahim also sells electronic spare parts, necessary to most people dealing with present day technology.

He is requesting a loan from Al Majmoua in order to increase his electronic products capital through buying machines and tools with updated technology.

Ibrahim experienced Al Majmoua loans for two cycles; his previous loan was a good investment, and he's working hard to improve and develop his business more and more 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
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • 1,503.2
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Ibrahim to increase his electronic products with updated technology.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 31, 2011
Listed
Sep 15, 2011
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2012