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Khalil
Khalil is a floor and wall tiler from Bint Jbeil, a village in the south of Lebanon. He is 34 years old and married with two children. Khalil has been working in this field for 11 years and is requesting a loan of 3,000,000 LBP to buy a van for his work. This would be Khalil’s second loan and he hopes that in the future, he will be able to continue to expand his business and invest in more tools. Khalil identifies a lack of access to capital as the main obstacle to developing his business. The loans he receives through Al Majmoua encourage him to continue in his work and develop his business.

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
  • 64
    View loans »
    Lebanon Loans Fundraising
  • $15,622,850
    Funds lent in using Kiva
  • 1,500.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Khalil to buy a van for his work.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 15, 2010
Listed
Nov 26, 2010
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2012