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Moustafa lives in the Beirut, the capital of Lebanon. He is a 25-year-old single man. He is involved in retail sales. Moustafa has a mobile shop, where he sells phone accessories like covers, chargers, used mobile phones, phone recharge cards and more. He has been in this business since 2006. He is requesting the loan in order to purchase phones and their accessories. He wants to expand his business. This is his third loan and he has always paid on time. His previous loans allowed him to purchase merchandise and improve his sales, as well as his income.

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
  • 149
    View loans »
    Lebanon Loans Fundraising
  • $18,215,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Moustafa to purchase phones and accessories.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 15, 2010
Apr 13, 2010
Currency Exchange Loss:
Apr 15, 2011