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Radwan
Radwan is a 47 year-old married man. He has worked in the wood business for 20 years. This long experience was sufficient to help in educating and raising his five children in a good environment.

Radwan is requesting a loan from Al Majmoua to buy new machines necessary to improve his business, and to improve his living situation by building an additional room onto his house.

Radwan is a very talented man. His business is strong enough to insure that the requested loan will help a lot in improving both his social and financial situation.

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
  • 55
    View loans »
    Lebanon Loans Fundraising
  • $14,734,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Radwan to buy new machines necessary to improve his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2011
Listed
Sep 28, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012