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Anan is a 27-year-old married man, father of one child. He has sold children's gifts and toys for a year. His business is improving, but needs much support. Anan is an enthusiastic man, he puts much effort to prove himself.

Anan is willing to start wholesale trade. Until then, he needs to register his car to be capable of transporting his products from dealers to the shop and vice versa. To do so, he applied for a loan from Kiva partner Al Majmoua. Most of his customers are villagers, friends, relatives and tourists.

Anan hopes to reach a good level in his trade and succeed in his living too. He hopes to please his family and reply to their needs as much as he can.

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
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • 1,507.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Anan to register his car.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Dec 13, 2011
Dec 28, 2011
Currency Exchange Loss:
Apr 17, 2013