Check out other loans that are currently fundraising!
Abbas
Abbas is a 38-year-old man. He lives in small village near Nabatieh with his wife and 4 children. He owns a small shop for selling housewares such as plastic storage containers, utensils, and baking sheets. Abbas wants to purchase a more diverse array of products and has requested a $1000 loan from Al Majmoua for this purpose. This will be Abbas’s first loan with Al 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

  • $5,900
    Average annual income
  • 60
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abbas abbas will use the loan to purchase new types of products for his housewares shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 12, 2008
Listed
Oct 29, 2008
Currency Exchange Loss:
N/A
Ended:
Jan 12, 2010