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Haytham
Haytham is a 37 year old man who lives in Beirut, capital of Lebanon with his wife. Haytham has owned a women clothing shop. He sells t-shirts, dresses, shorts and women’s accessories. He requested a loan from Al Majmoua in order to purchase merchandise for his shop now that the winter season has approached. This is his fifth cycle and he has always paid on time.
His previous loans helped him improve his shop by diversifying his merchandise. Haytham is special in his work because he has competitive prices and has a wide range of choice. His clients are mainly his friends, neighbors and passer-bys. When he first started his business, he didn’t face any difficulty. Haytham decided on doing his business because he took after his family’s business and before he used to help his father. In the future, he plans on expanding his work by selling men’s clothes.

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
  • 102
    View loans »
    Lebanon Loans Fundraising
  • $15,083,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Haytham to purchase merchandise for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 15, 2009
Listed
Oct 15, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010