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Assim
Assim is a 44-year-old man who lives with his wife and 3 children in a small village in Lebanon's Bekaa Valley. Assim works as a calligrapher. Calligraphy in Arabic is a highly specialized craft, as the characters require a great degree of skill to design and perfect. Assim designs posters and signs for locA. businesses and individuals, and delivers his pieces himself.

He has recently requested a loan of 1000 US Dollars from A. Majmoua which will be used to purchase new materials for his shop, such as paints and stencils, as well as to perform maintenance on the van which he uses to deliver his work. This will be Assim's first loan with A. Majmoua.

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

  • $15,800
    Average annual income
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,166,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Assim to purchase new materials for Assim's calligraphy business, as well as to perform repairs on the van he uses to deliver his products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 3, 2008
Listed
Oct 20, 2008
Currency Exchange Loss:
N/A
Ended:
Jan 12, 2010