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Abdel Rahman
Abdel Rahman is a 54-year-old, married father of six children. A professional blacksmith for 32 years, he has been running his own business for 10 years now, forging gates, fences and windows.

In spite of starting with very little capital and facing many hardships, Abdel Rahman succeeded in penetrating his area’s market. He is driven by his love of the field as well as his inventiveness and honesty. He offers fair prices.

Abdel Rahman is applying for a loan from Kiva’s Partner, Al Majmoua, to buy a new iron-cutter to support the development of his business. In the future, he plans to expand and move to a bigger shop to accommodate his increasing customers.

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
  • 87
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abdel Rahman to buy a new iron-cutter to support the development of his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2012
Listed
Apr 25, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2013