Check out some available loans that are similar to this one!
Tarek
Tarek is a 21-year-old single man. He is employed in a company where, for the last three years, he has been responsible for finishing all the required legal government documents. He used to work as a chef, but the country's security situation made any work based on tourism very hard to develop, and that's why he turned to an administrative job. Tarek is responsible for supporting his three other family members, so he has to work hard to increase his income in order to cover their expenses.

He is applying for a loan from Kiva's partner, Al Majmoua, in order to undergo a necessary operation.

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
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Tarek to undergo a necessary operation.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 16, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014