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Wael is a 31-year-old married man, father of one child. He has been working as a butcher for 14 years. In 2011, Wael opened his own business to develop his living and increase his income.

Wael is a hard worker, well known in his region with his good reputation and quality of meat served. He sells meat in wholesale and retail upon request.

Wael is applying for a loan from Kiva's partner Al Majmoua, in order to do necessary maintenance to his shop to keep it a healthy medium and attractive enough for present customers and new ones.

Wael hopes that through applying for future loans, he will expand his butchery, and increase his wholesale capital, and open a small restaurant of his own.

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
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $19,284,725
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Wael to do necessary maintenance on his shop.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Apr 25, 2013
May 23, 2013
Currency Exchange Loss:
Jun 17, 2014