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Akob is 60 years old and married with one child. He has been working as a sewing professional for the past 26 years. His only concern in life is his work and his family, for whom he strives to provide a decent life. Akob is very proactive in building his business. Given his good standing with Al Majmoua, Akob was interested in obtaining another loan to purchase a loom, yarn, and other materials.
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اكوب في عمر 60 سنة يعمل في الخياطة الالبسة له في عمله 26 سنة متزوج وله ولد يحب عائلته وعمله وهما كل اهتمامه يريد دائما تأمين العيش الجيد للعائلة وهو متجدد ودائم التطور في العمل له تاريخ جيد في المجموعة وكان يلقى الدعم الكامل من العائلة وقد ساهم في دعم مصلحته يريد من خلال طلب قرض من المجموعة الى شراء ماكنة حبكة وخيوط وغيره من البضائع الخاصة بالعمل

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
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $19,500,125
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Akob to purchase a loom, yarn and other materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 8, 2011
Feb 18, 2011
Currency Exchange Loss:
Mar 15, 2012