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Roumanous is a 26-year-old single man who opened a mobile phone-selling shop six years ago.

This business is improving and at the same time competition is increasing. That's why each one must find his specialty and that's what Roumanous is doing.

Roumanous is a man with very good communication skills who treats his customers in a very attractive and elegant way. He makes special offers all the time to attract new customers and to keep current customers.

To keep up updated with the new technologies, Roumanous is requesting a loan from Kiva partner Al Majmoua to add new mobile phones and special accessories to his merchandise. This new stock is attractive enough to increase his income and let him dream of a shining future.

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
  • 49
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Roumanous to add new mobile phones and special accessories to his merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 31, 2011
Nov 30, 2011
Currency Exchange Loss:
Dec 15, 2012