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Shawki
Shawki is a 55-year-old man who lives in Bint Jbeil, southern Lebanon with his wife and their six children. Shawki has been working in agriculture; he owns livestock. He produces milk and cheese.

Shawki is exceptional in his work because he is known for his good production. His clients are people from his region. When he first started his business, he had to face competition, since in his region there is a lot of agriculture and livestock, so he had to make himself known to the public.

Shawki decided on this business because of his experience. He requested a loan from Al Majmoua in order to increase his livestock so that he would be able to increase his milk and cheese production and therefore, his income. This is his second loan cycle and he has always paid on time.

In the future, he plans to keep on expanding his work by producing more.

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
  • 72
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • 1,503.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Shawki to increase his livestock.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 25, 2010
Listed
Jan 21, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 20, 2012