Check out some available loans that are similar to this one!
Tarek is a 26 year old man who lives in Saida, southern Lebanon. He sells and repairs mobile phones and phone accessories.

He requests a loan of $1500 from A. Majmoua in order to purchase merchandise for his shop. This is the first time Tarek has requested a loan.

Tarek is speciA. because he sells all kind of mobile phones and knows how to treat his clients. His clients can be anybody. When Tarek first started his business, he didn’t have the start up capitA.. He decided on doing this business because of his experience in the field. In the future, he plans on improving 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
  • 170
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Tarek purchase merchandise for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 23, 2009
Mar 26, 2009
Currency Exchange Loss:
Apr 15, 2010