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Abdallah is a 29-year-old married man, who has been selling fresh chicken since 2010. Abdallah is working hard to expand and improve his business, which is why he applied for a YOUTH LOAN from Kiva's partner, Al Majmoua. Abdallah plans to buy a special chicken grill so that he can start selling grilled chicken and chicken sandwiches. He hopes to develop his small shop into an attractive small restaurant, and then into a big one in the future.
This is Abdallah's second loan cycle from Al Majmoua. His previous loan helped him increase his income and improve his standard of living.
He hopes to be financially stable to ensure that he can provide his family with everything they need.

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

  • $15,800
    Average annual income
  • 127
    View loans »
    Lebanon Loans Fundraising
  • $16,640,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Abdallah to buy a special chicken grill.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jan 10, 2013
Jan 30, 2013
Currency Exchange Loss:
Apr 16, 2014