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Jamal
Jamal is a 50 year old man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon with his wife and their two children. Jamal has been doing handicrafts for twenty years. Jamal is requesting a loan from Al Majmoua to purchase accessories for his work and pay his children’s school tuition. This is his third cycle and he has always paid on time.
Jamal is special in his work because of his creativity and he knows how to understand his clients demands. His clients are his friends, neighbors and others. When he first started his business, he didn’t face any difficulties. He decided on doing his business because of his experience, as well as he wanted to have independent work, but most importantly, because he likes what he does. In the future, he plans on improving 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
  • 73
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Jamal to purchase accessories for his work and pay his children’s school tuition.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 12, 2009
Listed
Oct 9, 2009
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2010