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Ghassan is a 57-year-old married man who is the father of two children. He has been working in the food business since he was 14 years old and his extensive experience has provided him with customer trust and support. Ghassan is a hard worker who makes sure that his store has everything his customers might ask for. He knows everyone's needs, and puts forth so much so much effort to please them.

Ghassan is applying for his sixth loan from the Kiva partner Al Majmoua to purchase store merchandise to provide special offers and support his business. His previous loans were invested for the same purpose and have helped him to improve his living standards and develop his business. Ghassan's loan is especially important to manage special spring and summer needs and requests.

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
  • 127
    View loans »
    Lebanon Loans Fundraising
  • $16,571,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ghassan to purchase store merchandise to provide special offers.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 31, 2013
Mar 4, 2013
Currency Exchange Loss:
Dec 17, 2013