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Rami is a 31-year-old married man living in Bint Jbeil with his wife and child. Rami has worked in construction, specifically with cement, since 1993. Rami's experience is his best investment as he is excellent in his work. This is Rami's second loan with Kiva partner, Al Majmoua, and he has a good repayment history. His last loan helped him to change the pick-up that he uses for his work to a better one that improved his business. This time Rami is requesting a loan in order to buy wood for his work and also for his personal use in the winter season. Rami hopes to expand his work in the future by opening a big cement factory.

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
  • 140
    View loans »
    Lebanon Loans Fundraising
  • $16,300,375
    Funds lent in using Kiva
  • 1,503.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Rami to buy wood necessary to his work.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Sep 28, 2010
Sep 25, 2010
Currency Exchange Loss:
Apr 21, 2012