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Khaled is a 48 year old man who lives in Lebanon with his wife and their four children. Since 1996, he has been selling fruits and vegetables in his truck. He is a mobile salesman. He says that he offers good quality merchandise depending on the season. He sells to his friends, neighbors and people from his region and its surroundings. Today, for the second time, he is requesting a loan to purchase merchandise and to do some construction on his house as well. Khaled has experience and is a hard working man. In the future, he plans on opening a grocery store where he will also keep on selling fruits and vegetables.

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
  • 105
    View loans »
    Lebanon Loans Fundraising
  • $16,205,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Khaled to purchase merchandise.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 7, 2010
Jun 11, 2010
Currency Exchange Loss:
Jan 15, 2012