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Anwar
Anwar is 37-year-old married man, father of three children, who has been working at painting furniture for 27 years. He started early, working since childhood, so he hopes to create the best childhood for his beloved children.

Anwar is a hard-working man; he does his best to improve his living conditions and his family’s at the same time.

Anwar is requesting a loan from Kiva partner Al Majmoua in order to buy necessary tools and equipment and to continue building his house in a healthy way, to provide a healthy environment for his precious family.

Anwar’s business is doing well; he tries to improve it as much as he can, in order to keep on responding to his family’s needs.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Lebanon

  • $5,900
    Average annual income
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Anwar to buy necessary tools and equipment.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2011
Listed
Oct 31, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013