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Omar
Omar is a 47-year-old married man and the father of four children. He has been working in satellite and internet business for fifteen years. He was an employee in the electricity company, but his family's increasing needs forced him to think of a business that could improve his living and increase his income.

Omar is a hard worker who is well known in his region. He is applying for his first loan from Kiva's partner Al Majmoua in order to buy new satellite needs in addition to Internet connection hardware.

Omar is planning to expand his working region, to cover as many customers as he can in a well managed way, and to provide high technical service support to keep his customers pleased and satisfied.

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

  • $5,900
    Average annual income
  • 48
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Omar to buy new satellite needs in addition to Internet connection hardware.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 11, 2013
Listed
Mar 11, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2014