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Outhman
Outhman is a 47-year-old married man, and a father of five children. He lives with his beloved family in Ain, and he has worked as a blacksmith for the last 30 years. Outhman is a hardworking man, and he is trusted and recommended by most of his customers. Most of his customers are from his village, and his business is highly requested in his region.

Outhman is professional in his business. This is his first time to request a loan from Al Majmoua, which he will use to buy specially priced iron pillars necessary to improve his business.

Outhman works hard on improving his business, to insure continuity and to improve his family's social and financial situations.

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
  • 81
    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 $2,000 helped Outhman to buy necessary iron for his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2011
Listed
Sep 27, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012