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Rayan is a 28-year-old married man and father of three kids who has lived in Bint Jbeil since he was born. Rayan has worked in agriculture for 10 years, which is his only source of income. That's why he works hard on improving his business - to get back the best he can get. Just like many of those his age, Rayan hopes and dreams of a better future, providing secure living to his family members and the best education to his kids. Rayan requests a loan from Al Majmoua to pay the amount left from the new tractor's price, which he bought to increase his income. It's a new agricultural tractor, which helps in doing the requested work faster than before.

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
  • 130
    View loans »
    Lebanon Loans Fundraising
  • $16,664,750
    Funds lent in using Kiva
  • 1,501.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Rayan to pay for his tractor.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Jan 25, 2011
Feb 13, 2011
Currency Exchange Loss:
Apr 21, 2012