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Abed Al Wahid
Abed Al Wahid is a 59-year-old married father of three children who has been selling fruit juices and cocktails since May 2013, to make his living and cover his family's expenses.

Abed Al Wahid is acquiring a loan from Kiva partner Al Majmoua, to increase his business merchandise with special desserts that will attract new customers and will increase his income, especially during the coming Holy christmas celebrations where people seek such tasty things.
Abed Al Wahid hopes to keep on developing his business through diversifying his products and expanding his working zone.

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
  • $15,309,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abed Al Wahid to increase his business merchandise with special desserts in addition to fruit juices and cocktails.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 11, 2013
Listed
Dec 9, 2013
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2014