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Bilal
Bilal is a 41-year-old married father of two children from Nabatieh, Lebanon, and has worked as a shoe repairer, his only means of earning a living, for a long time. Bilal, a client in very good standing with AL Majmoua, is requesting his third loan in order to buy a new professional shoe sewing machine which will improve his quality of work and lead to an increased number of clients and income. Both his experience and perfectionism account for his client base, and he hopes one day to open a shoe factory to improve his family's living standards.

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
  • 105
    View loans »
    Lebanon Loans Fundraising
  • $15,334,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Bilal to buy a new professional shoe sewing machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 24, 2010
Listed
Sep 3, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2011