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Nader is 27 years old and has been working as a shoe salesman for the past six years. As someone who is very earnest and vigorous, he is perpetually seeking to develop himself and his work. Nader never has any trouble delving into his work since he loves it so much. Nader now would like to obtain a loan from Al Majmoua to spruce up the décor of his shop and purchase some new merchandise since he faces stiff competition in his area. Ultimately, he aspires to open up a second branch of his business to increase revenue.
View original language description ↓
نادر في عمر 27 سنة غير متزوج يعمل في بيع الاحذية له في عمله نحو 6 سنوات يحب عمله ويسغى جاهدا على
تطوير نفسه وعمله فهو جدي نشيط ويحب التجديد في العمل لم يكن لديه صعوبات في عمله لأنها العمل الذي يحب
يحب الاستقلالية والتجديد يريد من خلال طلب قرض له من المجموعة الى تحسين ديكور المحل وتجديد البضائع
لأنه يلقى منافسة من محيطه العملي ما يميزه انه مثابر ويطمح الى ان يفتتح محل آخر له لكي يزيد من مدخوله

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
  • 93
    View loans »
    Lebanon Loans Fundraising
  • $19,258,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Nader to spruce up decor of shop and purchase more shoes to sell.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Dec 13, 2010
Jan 10, 2011
Currency Exchange Loss:
Apr 15, 2012