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Joseph
Joseph is a 52-year-old single man who has been working as a butcher for 22 years. He has wide experience in his field and his customers are very loyal to him since he was the first in his region to open a big butchery. Most of his customers prefer to deal with him because he raises his own cattle and sells the meat. In this way, Joseph gives confidence to his customers that the meat they are eating is coming from well-raised cattle.

Joseph is working on expanding his business. That's why he applied for a loan from Kiva partner Al Majmoua, in order to buy and raise a head of cattle to trade for additional income. This is his second time as an Al Majmoua borrower. He describes his first experience as impressive and he was a borrower in good standing.

He hopes to expand his businesses as much as he can to please his customers in many different ways.

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
  • 107
    View loans »
    Lebanon Loans Fundraising
  • $15,359,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Joseph to buy and raise cattle to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2012
Listed
Mar 15, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013