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Awad
Awad is a 45-year-old married man and father of five children. Awad is a hard worker; he built a small cottage years ago to provide his family with their daily food for their living. Awad makes and sells specially made noodles, lupines, and corn. This kind of food is highly attractive to children in his region, especially during the evening and while celebrating holy occasions.

Awad has applied for a loan from Kiva partner Al Majmoua in order to increase his food business by buying a large quantity of noodles at a discount. Awad also works in construction, specializing in cement work. Since this business is not going well, Awad is hoping to improve it also by buying new construction tools.

His food business is his main source of income. Through its income he covers his family's necessities. He hopes to provide his family with the best education and living, and hopes to improve his both of businesses as much as he can.

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
  • 120
    View loans »
    Lebanon Loans Fundraising
  • $16,255,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Awad to buy a large quantity of noodles for his food selling business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 17, 2011
Listed
Nov 16, 2011
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2012