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Ziad
Ziad is a 31-year-old man who lives in Saida, southern Lebanon with his wife and their child. Ziad has owned an accessory shop since 1996. 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 Ziad has requested a loan.

Ziad is speciA. in his work because he knows how to treat his clients and sells beautiful accessories. His clients are his friends and neighbors. Ziad decided on doing his business because there isn’t any other accessory shop in his region. In the future, he plans on expanding his shop.

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
  • 25
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ziad to purchase merchandise for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 6, 2009
Listed
Apr 3, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010