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Imad
Imad is a 50-year-old married man and father of three children. He has developed great knowledge in fruits and vegetables with his 17 years of experience in this trade. Imad’s customer trust and reliance are the sources of his excellent reputation in the region.

In an effort to maintain his superior client service, Imad needs to ensure the constant availability of produce. Therefore, he is applying for a loan from Kiva’s Partner, Al Majmoua, to increase his current supply and enhance his capacity for future purchases.

Imad hopes that he will develop his business from a mobile retail to a grocery store on the highway, which would provide him with more visibility to passing customers and decrease his transportation costs.

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
  • 80
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,000 helped Imad to increase his current supply and enhance his capacity for future purchases.
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2012
Listed
May 29, 2012
Currency Exchange Loss:
N/A
Expired:
Jun 28, 2012