Funded

Total loan: $2,500
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Elias

Lebanon
Metn, Lebanon / Manufacturing

A loan of $2,500 helped to buy wood to increase his stock for current and future projects.


Elias's story

Elias is a 47-year-old married man and father of two children. He has been working in the wood business for 30 years. In 2011, he opened his present factory to expand his business more and more.

Elias is applying for a loan from Kiva's partner Al Majmoua to buy the necessary wood for a project he is working on and to increase his wood stock to benefit future requests.

This is his first experience as an Al Majmoua borrower and he hopes to invest his loan in the well-managed way that he is planning.

He hopes to expand his business in the future, move to a wider factory and recruit someone to help him.



Loan details

Loan length:

17 months
Disbursed date: October 16, 2012
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

17 months
Disbursed date: October 16, 2012
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development