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Issam is a 38-year-old married man and the father of two children. He is a hard working Palestinian man, who puts in a lot of effort to provide his family with the best living ever. Issam has managed two businesses for 17 years. He owns a shoes and bag selling shop, and at the same time he is an expert plumber, but since the plumbing business doesn't generate a good income, he puts a lot of effort into supporting the shoe business because it generates a good income.

But unfortunately this business isn't good enough for him to increase its income automatically and that's why he applied for a loan from Kiva partner Al Majmoua, in order to increase his shoes collection with the new spring-summer collection. Issam hopes to keep on expanding his business more and more to provide his family with the best living ever and he wants to make sure that they will have a brighter future.

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
  • 61
    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 Issam to increase his shoe collection with the new spring-summer collection.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 21, 2013
Feb 19, 2013
Currency Exchange Loss:
Feb 17, 2014