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Raouf
Raouf is a 34-year-old man, engaged to be married, who lives in Bint Jbeil, southern Lebanon. Raouf has been selling computer games and doing computer services for three years. He requested a loan of 1000 US dollars from Al Majmoua in order to install an Internet connection. This is the first time that Raouf has requested a loan.



Raouf is special because he is the only one doing this work in his area. His clients are his friends and neighbors. When Raouf first started his business, he didn’t have the start-up capital but he managed anyway. He decided on doing his business because he has experience in working with computers. In the future, Raouf plans to expand and improve 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.

About Lebanon

  • $15,800
    Average annual income
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $15,848,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Raouf to install an Internet connection.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 4, 2009
Listed
Feb 13, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010