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Bassam
Bassam is a 48-year-old married man and father of three children. His specialty is tailoring and sewing. He has been in business since 1999.

His business is going on just fine, but he needs an external push to help make sure he meets his customers' needs.

This will be Bassam's fifth loan through Al Majmoua. Bassam is in good standing and has a fine pay back history. His previous loans helped him diversity his product offerings. He is seeking another loan for the same purpose.

He hopes to expand and develop his business, to make sure that his family members have better, healthier and satisfying lives.

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
  • 138
    View loans »
    Lebanon Loans Fundraising
  • $16,300,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Bassam to diversity his product offerings.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2013
Listed
Feb 27, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014