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BilA. is a 36-year-old man who lives in Saida, southern Lebanon, with his wife and their two children. BilA. has owned a barber shop for over 15 years. BilA. requested a loan from A. Majmoua, a Kiva partner, in order to change the décor of his shop. This is his third loan and he has always paid on time.

BilA. is speciA. in his work because he knows how to treat his clients and he does a good job. His clients are his friends, neighbors and others. When he first started his business, he didn’t have enough cash to purchase all the tools he needed for his shop. BilA. decided on doing this business because he wanted to have independent work and because he leaned it in an academy. In the future, he plans on improving his business by purchasing more sophisticated tools.

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
  • 116
    View loans »
    Lebanon Loans Fundraising
  • $17,414,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Bilal to change the décor of his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 18, 2010
Jan 26, 2010
Currency Exchange Loss:
Feb 15, 2011