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Kassem
Kassem is a 38-year-old married man and father of two children. He has worked in selling home products for 24 years, but he started his own business in 2010. Kassem also works in painting homes as an additional income to cover his family's expenses.

Kassem is requesting a loan from Kiva partner Al Majmoua in order to pay for his children's school fees and to increase his business capital with a new collection.

Kassem is a hardworking man and he hopes he can keep on providing his children with the best education and healthiest life ever.

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
  • 70
    View loans »
    Lebanon Loans Fundraising
  • $15,030,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Kassem to pay for his children's school fees and to increase his business capital with a new collection.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2011
Listed
Dec 30, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013