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Saleh
Saleh is a 33-year-old single man who is responsible for the living of five members of his family. He has been working in his bakery since 2010, and he is specialized in preparing, baking and selling croissants. He has a very good reputation in his domain with the special taste and ingredients he provides.

Saleh is acquiring a loan from Kiva partner Al Majmoua to expand his business through opening a new branch that will support him more in providing his family members with all the necessary things.

He is working hard to keep on expanding and developing his business to provide his family with a secured living.

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
  • 67
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Saleh to expand his business through opening a new branch of his croissant bakery.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2013
Listed
Nov 22, 2013
Currency Exchange Loss:
N/A
Ended:
Mar 17, 2015