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Abbass is a 36-year-old married man and father of three children. He has been working in the electronics maintenance business for the past seven years. Abbass is well known in the region with the special customer care he provides. He provides cable internet connections to houses, offices and Internet cafes. He also maintains all kinds of computers and most electronic machines.

He is applying for a loan from Kiva's partner Al Majmoua, in order to buy firewood to get ready for the coming winter season, since he lives in a very cold area and he must make sure that his family is living in a healthy medium. This is Abbass' second time as an Al Majmoua borrower, with a good paying back history. His first loan helped him a lot in improving and developing his business. He hopes to continue developing his business and to make sure that he is responding to almost all of his family & customers' needs.

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
  • 142
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abbass to buy firewood for the upcoming winter season.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Sep 28, 2012
Oct 14, 2012
Currency Exchange Loss:
Sep 17, 2013