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Fawaz is a 47 years old married man and the father of four children. For the past five years, he has been working at a grocery store. Fawaz is well-known in his region and is liked by most of his customers because he has good taste, chooses the best quality products and he also provides perfect customer service.

Fawaz is requesting a loan from Al Majmoua-KIVA partner to buy summer commodities (ice cream, juice, other items) and to help his son in his house construction. Fawaz is a special father who works hard for the sake of his children, in order to provide everything they need.

In the future, Fawaz hopes to expand his business in order to fulfill his customer needs.

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
  • 94
    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 $1,500 helped Fawaz to buy summer commodities.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jun 6, 2011
Jul 3, 2011
Currency Exchange Loss:
Oct 15, 2012