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Rawad
Rawad is a 31-year-old single man. He lives in a small town in Mount Lebanon. He is employed in a factory that makes heaters for the winter season. He is in charge of metal formation. He also works as a part-time police officer in his town in order to be able to financially provide for himself. He decided to contact Al Majmoua because he needs financial assistance to maintain his car. His car allows him to travel from one job to the other during the day. As for the future, Rawad wishes to launch his own business.

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

  • $5,900
    Average annual income
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $1,500 helped Rawad to maintain his car.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
N/A
Expired:
Aug 17, 2013