Funded

Total loan: $2,200
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Nazih

Lebanon
Baalback, Lebanon / Farming

A loan of $2,200 helped to buy diesel for his water pump motor.


Nazih's story

Nazih is a 55-year-old married man and father of four children. He has more than 35 years of unique experience in agriculture with a deep knowledge in the growing of various products and plant rooting. Currently, he focuses on tobacco, which he sells to companies, as well as wheat and potatoes, which he offers at wholesale.

Nazih plans to further expand in his field and for this reason, he is applying for a loan from Kiva’s partner, Al Majmoua. He will invest the money from the loan in buying diesel for his water pump motor, an additional planetary for tobacco, and hiring temporary workers.

Nazih is satisfied with this lending model, which grants him continuity in his work. In spite of his great capacity in this field, he has suffered a lot of difficulties due to costly labor and the government negligence of the agriculture in Lebanon.



Loan details

Loan length:

17 months
Disbursed date: June 1, 2012
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

17 months
Disbursed date: June 1, 2012
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development