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Nabil
Nabil, 44, is a single man who has been working in the Internet domain for eight years. He opened his own Internet Cafe in 2008. His business is his only source for living and he is working hard on improving it.

Nabil has applied for a loan from Kiva partner Al Majmoua in order to start selling electronic games and spare parts for PCs in addition to the internet service and games he provides. This new additional business will surely provide Nabil with extra income that he may save for future days, but it the meantime, he will invest every penny in improving his business as much as he can.

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
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Nabil to start selling electronic spare parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 23, 2012
Listed
Jul 31, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013