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Abed Al Nabi
Abed Al Nabi is a19-year-old single man who opened in 2007 his own wood factory. Abed Al Nabi is a hard working man with a very good reputation, who puts so much effort into improving and expanding his business to almost make all of his dreams come true.

Abed Al Nabi is applying for a Youth loan from Kiva partner Al Majmoua for the first time, in order to pay for a special wood stock at a good price. This stock will increase his profit a lot and will help to improve his living conditions.

Abed Al Nabi loves his business a lot and works on expanding it as much as he can. Most of his customers are builders and few of them come for an individual request. Abed Al Nabi is working on expanding his business more and more in the future.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 53
    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 $1,300 helped Abed Al Nabi to purchase a special-price stock of wood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 9, 2012
May 8, 2012
Currency Exchange Loss:
Mar 15, 2013