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Walid
Walid is a 39 year old man from Lebanon. He is married and has two children. Walid has been selling fruits and vegetables since 2004. He sells all type of fruits and vegetables depending on the season. His products are all bio. Today, for the first time, he has requested a loan from Kiva partner, A. Majmoua.

With his loan, he plans to cultivate his land with apples and pomegranate. This is the first time he has requested a loan. His clients are his friends, neighbors and tourists. He notes that when he first started his business, he passed through some financiA. issues. He hopes to keep on improving his work.

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
  • 70
    View loans »
    Lebanon Loans Fundraising
  • $15,848,850
    Funds lent in using Kiva
  • 1,500.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Walid to cultivate his land with apples and pomegranate.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 13, 2010
Listed
Jul 9, 2010
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2011