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Harotione is a 41-year-old man who lives in Beirut, the capital of Lebanon.

Harotione has been working as a heater repairer since 2006. He is special in his work because he does it well. When he first started his business, he had to face the competition and had some financial issues in purchasing the required tools for his work. He decided on doing his business because he wanted to have independent work, as well as the fact that he learned it since he was young. His clients can be anyone.

Harotione requested a loan from Al Majmoua in order to purchase tools for his work and pay his house rent. This is the first time that he has requested a loan. In the future, he plans on expanding his work.

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
  • 120
    View loans »
    Lebanon Loans Fundraising
  • $16,262,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Harotione to purchase the required tools for his work and to pay his house rent.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 26, 2009
Dec 14, 2009
Currency Exchange Loss:
Dec 16, 2010