Check out some available loans that are similar to this one!
Achraf
Achraf is a 45-year-old married man, the father of five children. He is a Palestinian refugee, living and working in a Palestinian camp since he was born.

Achraf is a hardworking man with a good reputation and special customer service. He is well known for his broad smile that never leaves his face. Achraf is optimistic about everything around, and that's why he works hard to develop his social and financial living.

Achraf is applying for a loan from Kiva's partner Al Majmoua in order to increase his merchandise with a new summer collection. He is specialized in selling men's clothes and shoes, and he is looking forward to expanding in the future and starting to sell women's and children's items.

Achraf is looking forward to the day he can move his shop outside the camp and attract new customers with different styles and choices.

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.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Achraf to increase his merchandise with a new summer collection.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 22, 2013
Listed
May 21, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014