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Bilal
BilA., a 22-year-old man living in the Bekaa, has owned an internet cafe since 2007. BilA. decided on this business because he likes computers and wanted to work independently. His clients are his friends and neighbors. BilA. knows how to treat his clients, and his clients feel at ease. When he first started his business, he had difficulty building a network.


BilA. has requested a loan of $1000 US from A. Majmoua in order to purchase merchandise for his café and start selling recharge mobile cards. This is the first time that BilA. has requested a loan. In the future, he plans on improving and expanding his business.

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

  • $5,900
    Average annual income
  • 60
    View loans »
    Lebanon Loans Fundraising
  • $14,963,200
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Bilal to purchase merchandise for his café and to start selling recharge mobile cards.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 4, 2009
Listed
Sep 8, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010