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Georges, a 38-year-old man who lives in Bint Jbeil, southern Lebanon with his wife, has owned dairy-producing livestock for over ten years. This is the first loan he has requested from Al Majmoua; he wants to purchase sheep and goats to increase his livestock. Georges, who embarked on this enterprise when he took over his family’s business, faced no start-up difficulties. His clients can be anyone from his region. In the future, he plans to keep on producing dairy products and increase his livestock.

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
  • 128
    View loans »
    Lebanon Loans Fundraising
  • $17,359,875
    Funds lent in using Kiva
  • 1,498.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Georges to purchase sheep and goats to increase his livestock.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 17, 2010
Feb 18, 2010
Currency Exchange Loss:
Mar 15, 2011