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Khodor
Khodor is a 43-year-old married man living in Tyre with his wife and one child. Khodor owns a tractor which he uses to fix other people's land in order to plant new seeds or small trees. To support his family, Khodor runs several businesses; in addition to driving his tractor, he bakes Markouk bread and sells it to a few shops and individuals who request continuously from him. He also works at harvesting olives for olive tree owners during their harvest season. He is a good worker. He has 16 years of experience. His clients are friends, neighbors and cooperatives.

Khodor has good reputation for his commitment to work. He is requesting a loan from Al Majmoua for the eighth time in order to buy a plot of land. All his previous loans had a great impact on his social and financial situation, and at the same time he was a borrower in good standing. He is intent on improving his living conditions as much as he can.

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
  • 57
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Khodor to buy a new plot of land to plow and plant.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 5, 2011
Listed
May 2, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012