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Khalil
Khalil is a 34 year old man who lives in Tyre, southern Lebanon with his wife and their two children. Khalil has been working as agriculture for fifteen years. He owns citrus fruit trees. He is special in his work because he does his best to produce the best. He decided on doing his business because he took after his family’s business and gained experience when he was young since he used to work with his father. His clients are people from his region, as well as people from different regions. He requested a loan from Al Majmoua in order to purchase tools and for the harvesting of his trees. This is the first time that he has requested a loan.

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
  • 77
    View loans »
    Lebanon Loans Fundraising
  • $15,651,225
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Khalil to purchase tools and for the harvesting of his trees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 9, 2010
Listed
Apr 1, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011