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Salah
Salah is a 39-year-old, married father of four children. For years, he has been working in the spare-parts retail business until last year when he began running a small coffee shop. Salah intends to expand his business by selling other goods such as foodstuffs and candies. For this purpose, he is applying for a loan from Kiva’s Partner, Al Majmoua.

Salah is always looking for better sources of income to finance his household’s increasing needs. He is committed to providing a good standard of living for his family, starting with buying an apartment. Therefore, Salah is keen on seizing revenue-generating opportunities.

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
  • 53
    View loans »
    Lebanon Loans Fundraising
  • $14,734,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,000 helped Salah to buy foodstuffs and candies to sell.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2012
Listed
Apr 24, 2012
Currency Exchange Loss:
N/A
Expired:
May 24, 2012