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Ghandi is a 41-year-old man who lives in Aley, Mount Lebanon, with his wife and their four children. Ghandi has owned and operated a grocery store for eleven years. He requested a loan from Al Majmoua in order to purchase merchandise for his store. This is his second loan and he has always repaid on time.

Ghandi is special in his work because he knows how to treat his customers. His customers are his friends, neighbors and others. When he first started his business, he didn’t have the start-up capital. He decided on doing his business because he wanted to supplement his family’s income, and he also wanted to have an independent job. In the future, he plans on improving his store by increasing his stock.

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
  • 137
    View loans »
    Lebanon Loans Fundraising
  • $17,427,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $3,000 helped Ghandi to purchase merchandise for his store.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Feb 15, 2010
Mar 3, 2010
Currency Exchange Loss:
Apr 2, 2010