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Rizkallah
Rizkallah is a 30-year-old man who lives in Bint Jbeil, southern Lebanon with his wife and their two children. Rizkallah has been working as a builder since 2000. When he first started his business, he had to face the competition, especially because he didn’t have a lot of networking. He also had some financial issues. Rizkallah is special in his work because he is known for his good work. His clients are his friends, neighbors and people from his region. This is the first time that Rizkallah has requested a loan. Therefore, he requested a loan from Al Majmoua in order to purchase tools for his work. In the future, he plans to expand his business by working in surrounding villages.

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
  • 49
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Rizkallah to purchase tools for his work.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 8, 2010
Listed
Feb 4, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011