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Adel
Adel is a 25-year-old, married man living in Ain with his wife and little child. Adel has been selling fresh chicken since 2003 and is working hard on improving his business. Adel is well known in the region and most of his clients are neighboring villagers.
His business is well developed because of the good quality of products he serves and his prices.
To provide his family with a better lifestyle, Adel opened a bakery to increase his income and improve his family’s social and financial situations.
Adel is working with his father; they are sharing and improving the same businesses. That’s why he requested a loan from Al Majmoua to buy chicken at special prices.
This is Adel’s forth cycle as an Al Majmoua borrower. All his previous loans helped a lot in increasing his business capital and improving his workplace. He has a good standing as a borrower.
He hopes to continue improving his business, to expand and be the owner of a big chicken farm.

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
  • 77
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Adel to buy chicken at special prices.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2011
Listed
Oct 11, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012