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Fadel is a 26-year-old married man, father of two children. Four years ago, Fadel opened his own mobile phone shop and has improved it a lot since that time, but the family needs require a lot more effort and investment, to cover requested issues.

That's why, Fadel has applied for the first time for a Youth Loan from Kiva partner Al Majmoua, in order to buy newly released mobile phones which are highly requested by most of his clients.

Fadel is a hard worker, and his shop is located in a very important spot in his village. Most of his customers are friends, relatives and neighbors, in addition to some passing tourists during the spring & summer seasons.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 94
    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 Fadel to buy newly released mobile phones.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 9, 2012
May 8, 2012
Currency Exchange Loss:
Mar 15, 2013