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Hekmat
Hikmat is a 32 year old married man, who is the father of four kids. He has been working as a carpenter since 1997, with 18 years of experience. Hekmat is requesting a loan for the first time from Al Majmoua, in order to buy wood for a project he is working on.

His clients like his work a lot and they recommend him a lot to friends and relatives. He is working on expanding his factory and hopes to open his own showroom in the future.

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
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Hekmat to buy wood for a project he is working on.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 12, 2010
Listed
Dec 23, 2010
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2012