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Issam
Issam is the 45-year-old married father of two children.

He has been working in the aluminum business since 1990. Issam is a hard worker who puts so much effort into supporting his family and providing them with the best education and living.

Issam is acquiring a loan from Kiva partner's Al Majmoua, to pay his children's school fees. His business is going on just fine, but he needs Al Majmoua's support to pay for the increasing school fees.

As for the future, Issam will invest an additional push to move forward, through a future-acquired loan from Al Majmoua.

This is his fourth loan cycle as an Al Majmoua borrower, with a good standing paying-back history.

Issam is working hard to renew all of his machines and add new released ones to develop his business and expand it in a well managed way.

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
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $15,295,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Issam to pay his children's school fees.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 21, 2013
Listed
Nov 21, 2013
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2014