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Abdallah
AbD. is 37 years old, married and a father of 3. He lives in the Southern suburbs of Beirut. AbD. owns a small bakery shop which specializes in making a traditional type of Lebanese bread called "Manakesh". This flat, round bread fits in the hand when rolled up, and is often covered with the thyme-like Lebanese herb "Zaatar," cheese, or meat.



AbD. has asked Al Majmoua for a loan of $1000 in order to repair his bread-baking oven. This loan will help AbD. to continue satisfying his costumers with his delicious Manakesh. AbD. has built a solid relationship with Al Majmoua, and this will be his fourth loan.

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.

About Lebanon

  • $5,900
    Average annual income
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $14,832,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abdallah to finance repairs on Abdallah's bread oven.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 28, 2008
Listed
Sep 14, 2008
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2009