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Tanios
Tanios is a 42-year-old married man, the father of two children. He has worked in entertainment since 2003, when he first opened his network game shop. His business is good, since he is the only one in his region.

Tanios works hard to improve his business as much as he can because this kind of business is highly requested these days. Tanios is a talented, smart man. He moves with technology as much as he can and replies to customers' requests in a very smart way. In order to increase his income, and to increase his customers, Tanios requested a loan from Al Majmoua to buy six new computers, enough to increase his income and make a future plan to expand his workplace possible.

This is Tanios's first experience with Al Majmoua. He hopes it will have a positive effect on his family's 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
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $14,614,075
    Funds lent in using Kiva
  • 1,507.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Tanios to buy six new computers to increase his business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2011
Listed
Sep 28, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013