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Issa
Issa is a 52-year-old married father of ten children. He has worked in an agricultural business since 1990 to make his living and cover his family’s expenses, since he is their sole breadwinner. Issa is an illiterate man; that's why he tries hard to help his children complete their education. In this way, he helps them to avoid facing the problems he faced.

Issa works in a rented plot of land with seven male employees who help him to plant and harvest it and sell what they produce. He is acquiring a loan from Kiva partner Al Majmoua, to rent an agricultural plot of land to increase his production. Issa’s future plans are to improve his work and buy new machines that support his business.

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
  • 35
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Paying Back

This loan has been fully funded!

A loan of $1,500 helped Issa to rent an agricultural plot of land to increase his production.
93% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 19, 2013
Listed
Dec 22, 2013
Currency Exchange Loss:
N/A