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Yasser is a 41-year-old married man, father of two beautiful children. Yasser is a hardworking man who expands his business through introducing his customers to new products. He started as a grocery store in 1996, then he started adding new products to his shop such as gifts and selling espresso coffee. Doing this helped a lot in improving his social and financial situation. Yasser's shop is next to a hospital which is an important spot for any business to improve, and because of this important zone he is working in, he started making and selling sandwiches, which has attracted most of the hospital's visitors and staff.

Yasser is requesting a loan from Kiva partner Al Majmoua in order to increase his business merchandise with new products with special offers.
This is his first cycle as an Al Majmoua borrower and he hopes to be as good a borrower as he is a good business man.

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
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Yasser to increase his business merchandise with new products with special offers.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Oct 24, 2011
Nov 23, 2011
Currency Exchange Loss:
Mar 15, 2013