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Abdallah
Abdallah is a 42 year old man who lives in Bint Jbeil, Southern Lebanon, with his wife and their five children. Abdallah has owned a home products shop for twenty years. He requested a loan of 1000 US dollars from A. Majmoua in order to purchase merchandise for his shop. This is the first time that he has requested a loan.


Abdallah is speciA. in his work because he sells a wide variety of items and has a good relationship with his clients. His clients could be anybody. When Abdallah first started his business, he didn't have the startup capitA.. He decided on his business because he wanted to have an independent job. 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

  • $5,900
    Average annual income
  • 105
    View loans »
    Lebanon Loans Fundraising
  • $15,334,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Abdallah to purchase merchandise for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2009
Listed
Mar 22, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010