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Aamar
Aamar, 46 years old, lives in Bekaa with his wife and their four children. Aamar has been selling coal for fifteen years. He is requesting his first time loan of 1500 US dollars from Al Majmoua to purchase coal.

Aamar is special in his field because he is the only one in his region who sells coal and knows how to treat his clients. His clients are his friends, neighbors, tourists and others. When Aamar started his business he didn’t face difficulty. In the future, he plans on expanding 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
  • 115
    View loans »
    Lebanon Loans Fundraising
  • $16,217,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Aamar to purchase coal.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 23, 2009
Listed
Mar 22, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010