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Abdel Halim
Abdel Halim, 56, is married and the father of six children. He owns a small shop in his village, where he sells European clothes and shoes. His wife helps him run the store.

One of his children is still enrolled in public school to receive the education his parents did not have the opportunity to acquire; Abdel Halim's highest degree is from intermediate school.

Abdel Halim contacted Al Majmoua because he needs to enhance and expand his business, which he started only two years ago. In fact, he needs the loan to purchase the summer collection and raise his revenue.

As for the future, Abdel Halim hopes to further develop his business by setting up an appropriate decor that would be suitable to the merchandise he offers.

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
  • 67
    View loans »
    Lebanon Loans Fundraising
  • $15,853,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,000 helped Abdel Halim to purchase the summer collection and raise his revenue.
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
N/A
Expired:
Jul 31, 2013