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Marwan
Marwan, age 30 and unmarried, runs a small restaurant in his village. He established his business in August of 2011. He has a strong reputation in his community and is well-known for his specialized sandwiches and hookahs. His establishment is known for its cleanliness and the high quality of its products. He puts a great deal of effort into providing his customers with the best service possible.

He is applying for a youth loan from Kiva partner Al Majmoua in order to buy an ice cream machine. This investment will increase his revenue and help him to expand his business, which is his dream.

Marwan is planning to move his restaurant to a better location where he can attract more customers and offer them a place to sit and enjoy their delicious meals.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 90
    View loans »
    Lebanon Loans Fundraising
  • $15,072,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Marwan to buy an ice cream machine for his restaurant.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014