Check out some available loans that are similar to this one!
Salah
Salah is 61 years old and married. He owns a bakery, which he has run since 1993. He is well known in the region for his delicious Manakish, a popular Levantine pastry consisting of dough topped with thyme, cheese, or ground meat.

Salah is a hardworking man with a very good reputation. He is applying for a loan from Al Majmoua, which he will use to buy a bigger oven and large quantities of necessary raw materials such as flour, salt, oil, thyme, and cheese.

Salah works hard to keep his products affordable to everyone in his region. He hopes to improve his business in the future by either opening a new branch or adding items to his menu.

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
  • 66
    View loans »
    Lebanon Loans Fundraising
  • $15,673,450
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Salah to purchase a new oven.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2011
Listed
Oct 24, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2012