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Ziad is a 36-year-old married man, the father of four kids, living in Tayouneh region. Ziad has been selling religious clothes since 1998. His business is doing well since such clothes are in high demand in his area. He is a good businessman, knows his job well and knows what's needed. He always tries to add new designs. He seeks out different clients' ideas and opinions. His work is exciting and hard, as he claims it's hard to address all customers' likes and dislikes. Ziad hopes to expand his business so that one day his children can start a company of their own to take care of and expand. All of this led him to request a loan from Al Majmoua in order to increase his capital by buying a new collection.

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
  • 137
    View loans »
    Lebanon Loans Fundraising
  • $16,673,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Ziad to increase his capital.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Jan 25, 2011
Mar 1, 2011
Currency Exchange Loss:
Sep 15, 2012