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Bilal
Bilal is a 31-year-old married man with one kid. He has been working as a pickup driver since 2005. Bilal’s pickup is his only source of income. He works with some contractors, transporting building materials from one place to another at an exact time and place. He is well known amongst his neighbors and villagers for his good reputation and honesty. Bilal also transports furniture and fills many other requests. He believes that he must work as hard as he can in order to secure a good living for his small family.

This is Bilal’s seventh loan with Al Majmoua. Bilal makes a good example. Bilal is requesting a loan to do necessary maintenance on his pickup so he can be ready for any job. He’s also going to buy tiles to sell and to fix the floor of his house. His dream is to own a big cement factory and he hopes to achieve it.

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
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $15,822,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Bilal to do necessary maintenance on his pickup.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 5, 2010
Listed
Aug 3, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011