Check out other loans that are currently fundraising!
Aabbass
Aabbass is a 41-year-old man who lives in Tyre, Southern Lebanon with his wife and their four children. Aabbass has been working as a painter for seventeen years. He requested a loan of $1000 US dollars from Al Majmoua to purchase tools and paint for his work. This is his third loan and he has always repaid on time.

His previous loans helped him to improve his business. His clients can be anybody. Aabbass chose his business because he wanted to work independently. In the future, he plans to expand 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

  • $5,900
    Average annual income
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $15,606,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Aabbass aabbass will use the loan to purchase tools and paint for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 16, 2009
Listed
Mar 18, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010