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Abbass is a 39-year-old married man and the father of four children. He says his children represent his whole life. Abbass works in furniture making since 25 years ago, this long experience gave him customers trust and respect. Abbass is requesting a loan from Kiva-partner Al Majmoua, in order to buy necessary wood requested for a special furniture project requested.
Abbass is willing to support bed room industry as much as he can, because it’s highly requested by most of his customers, he’s willing to make his own showroom, and to improve it as much as he can, to provide the best living to his family.

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

  • $15,800
    Average annual income
  • 128
    View loans »
    Lebanon Loans Fundraising
  • $16,640,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Abbass to buy wood for furniture making.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 27, 2011
Nov 1, 2011
Currency Exchange Loss:
Nov 15, 2012