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Kassem is a 28-year-old married father of three children who has worked as a farmer for ten years. He is a hard worker who puts so much effort to keep on improving his work and develop his family’s socioeconomic situation.

He is acquiring a YOUTH loan from Kiva partner Al Majmoua to buy a power generator which will help him a lot in his business. His customers are the wholesale market businessmen. At the beginning of his business long ago, he had problems with the lack in his financial capital, but he endured it and insisted on developing his business forward.

As for the future, Kassem is willing to support and develop his business through buying new machines to increase his productivity.

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

  • $15,800
    Average annual income
  • 130
    View loans »
    Lebanon Loans Fundraising
  • $16,625,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,800 helped Kassem to buy a power generator which will help him a lot in his business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 9, 2013
Oct 13, 2013
Currency Exchange Loss:
Dec 17, 2014