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Khalil
Khalil is a 36 year old man who lives in Beirut, the capital of Lebanon with his wife and their three children. Khalil has owned a water tank since 2002. In Lebanon, due to the lack of water and to the political situation, a lot of people have do not have access to water for everyday use. Therefore, Khalil owns a water tank and when his clients need him, they call him and he provides them with water. His clients are people from his region, individuals, companies, and farmers that need to water their land.


This is the first time that he has requested a loan from Al Majmoua. He has reqeusted a loan to purchase a water generator that provides pressure for the water and help him provide for his clients. In the future, he plans to keep on improving his business in order to supply the best to his clients.

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
  • 80
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • 1,496.6
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,025 helped Khalil to purchase a water generator.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 3, 2010
Listed
Mar 5, 2010
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2011