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Tayyar
Tayyar is a 46-year-old married man. He lives with his wife and six children in Jib Jennine. Tayyar has worked in agriculture for 17 years. In 2005, he started working himself. In order to improve his living, he plants wheat, potatoes, and vegetables.
Tayyar is working on improving and developing his business, and he is very proud with what he has.
He is applying for a loan from Kiva partner Al Majmoua in order to buy a pick-up truck, which is necessary for transporting his products to wholesale markets and retail vegetable stores.
This is his fourth cycle as an Al Majmoua borrower, with a good history of repaying his loans. His previous loans helped a lot in increasing his income and improving his family's social and financial situations.
At the beginning, Tayyar had financial problems but he managed to work in an organized way which led to a visible improvement.
He hopes to keep on providing his children a healthy living and good education. He wants to see them become important people in the community.
Tayyar plans to buy new updated agricultural tools to improve his business production.

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
  • 83
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Tayyar to buy a pick-up truck.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2012
Listed
Aug 9, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013