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Abdallah
Abdallah is a forty-eight-year-old married man, the father of four children. For twenty years, he has worked as a blacksmith. In 2007 Abdallah opened his present workshop. He is well known in the region with his good reputation, and the quality of work he produces.

Abdallah applied for a loan from Kiva partner Al Majmoua, in order to buy necessary machines for his business, such as an air compressor and a mobile iron welding machine.

Abdallah is experiencing Al Majmoua loans for the first time. He hopes that the future loans will help in expanding the business more and more.

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
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abdallah to buy necessary machines for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 21, 2012
Listed
Jun 18, 2012
Currency Exchange Loss:
N/A
Ended:
May 17, 2013