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Nasser
Nasser is a 20-year-old single man with five years of experience in agriculture. He plants and sells various fruits and vegetables, namely, grapes, strawberries, watermelons, eggplants, olives and bell peppers. Many people, whether neighbors or tourists, like Nasser’s tasty and natural crops.

Nasser is applying for a youth loan from Kiva’s partner, Al Majmoua, with which he will buy a water pump to ensure continuous irrigation for some of his plantations.

Once he can guarantee the constant availability of water in his land, Nasser can then expand the range of his produce and enlarge his business and revenues.

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

  • $5,900
    Average annual income
  • 84
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Nasser to buy a water pump to ensure continuous irrigation for some of his plantations.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 15, 2012
Listed
Jun 26, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013