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Abed Al Wahab
Abdel Wahab is a 37-year-old married father of two children. He has been in the catering business for 17 years and is currently employed in a snack shop. The shop is unique in the area with regards to its offerings of Lebanese specialties such as Falafel, Ful and Hommus. Abdel Wahab is applying for a loan from Kiva’s Partner, Al Majmoua, to buy the required products, such as spices, meat, chicken, fish, oil and bread, and boost the snack’s service-capacity.

In the future, Abdel Wahab intends to buy the snack shop from its owner. In this way, he will be a business owner with a stable job. This is why he is keen on investing as much as possible in the store's growth. Generating more revenues will allow Abdel Wahab to earn more and thus become capable of fulfilling his household and family needs as well as accumulate income for his future plan.

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
  • 150
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Abed Al Wahab to buy food products such as meat, chicken, etc.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Mar 20, 2012
Apr 26, 2012
Currency Exchange Loss:
Apr 17, 2013