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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
  • 1,513.0
    Lebanon Pounds (LBP) = $1 USD
Ended with Loss - Defaulted
A loan of $2,000 helped this borrower to buy a special spray-painting generator and a power generator, which will make it possible for him to offer high-quality work in a shorter period of time.
Repayment Term
20 months (Additional Information)
Repayment Schedule
May 11, 2011
Jun 3, 2011
Currency Exchange Loss:
Apr 16, 2014