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Asaad is 24 years old and unmarried. He works in the selling, maintenance and leasing of computers and has eight years experience in this. He loves his business and is constantly aspiring to improve it and independently increase his income and progress himself. He also helps towards his family's living costs as he loves them and wants to ensure that he maintains family ties. With this loan he wants to purchase new stock and maintenance equipment for his store. His business has a good reputation but he lacks the finances necessary to support it and thereby increase his income as he is in the process of settling down with his own family. He is ambitious, and is distinguished from others by his love for his business. He dreams of expanding his it so that it can become a big maintenance and repair centre for all types of computers.
اسعد عمره 24 سنة هو رجل غير متزوج يعمل في بيع وصيانة وتأجير اجهزة الكومبيوتر له في عمله 8 سنوات يحب العمل ويسعى دائما الى تطويره والاعتماد على نفسه في زيادة مدخول عمله وتطوير نفسه وخاصة انه يساعد اهله في تكملة احتياجاتهم فهو محب للعائلة يريد دائما ان يكون الروابط الاسرية بينه وبين اهله يريدم من خلال طلب قرض من المجموعة الى شراء بضاعة ومعدات للصيانة للمحل له تاريخ جيد في مصلحته حيث انه استطاع ان يطور نفسه ولكن لا ينقصه سوى المادة حتى يقوم بدعم مصلحته وزيادة مدخوله وخاصة انه في طور بناء عائلة هو انسان طموح يتميز عن الآخرين بحبه لهذا العمل وخاصة لقلته في محيطه ولكن ما ينقصه هو المادة فقط يحلم بتوسيع عمله حتى يصبح مركز صيانة كبير يضم جميع انواع الكومبيوترات

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
  • 47
    View loans »
    Lebanon Loans Fundraising
  • $19,472,825
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Asaad to purchase new stock and maintenance equipment for his computer repair and leasing store.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Apr 26, 2011
Jun 1, 2011
Currency Exchange Loss:
Jun 15, 2012