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George
George is a 56-year-old married man. He is a father of three children and he has worked as a butcher since 2006. He is multitasks in order to make sure he can provide his family with the necessities of life. George also works as a school bus driver, has a bakery, and works in construction, specializing in cement work. All of these businesses were established to cover his family's increasing expenses.

Today George is applying for a loan from Kiva partner Al Majmoua to buy a special meat mincing machine, a specialized "Kibbeh" making machine (Kibbeh is a delicious, traditional Lebanese food), an odor-expelling machine, and an aluminum separator. These items will improve his business a lot and increase his income.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $14,855,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped George to buy a special meat mincing machine, a specialized kibbeh making machine, an odor-expelling machine, and an aluminum separator.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2013
Listed
Jul 31, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2014