Check out other loans that are currently fundraising!
Fadi
Fadi is a 39-year-old married man and father of four children. He has 18 years of experience in grocery sales, mainly potato and onions. Fadi is famous in his neighborhood for the quality of the vegetables he sells, as well as his honesty with the customers.

Fadi is applying for his first loan from Kiva’s partner, Al Majmoua. He will use the money to buy a large amount of potatoes and onions to accommodate the increasing demand from his customers. Fadi hopes that he can expand his sales and increase his business revenues in order to support his family and provide them a respectful standard of living.

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
  • 38
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Fadi to buy a large amount of potatoes and onions to accommodate the increasing demand from his customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 22, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014