Check out some available loans that are similar to this one!
Khalil
Khalil, age 48, is a tailor. He has worked in tailoring for 27 years and opened his own business in 1997. He is a hard worker, and his considerable experience gives him a special position in his domain: in addition to offering his services to local neighbors, friends, and relatives, he has customers who come to him from several neighboring villages as well. Khalil lives with his wife and five children in Tyre.

Khalil is has been with Kiva partner Al Majmoua for seven consecutive lending cycles. All his previous loans have had a positive impact on his social and financial situation, and he is a borrower in good standing. He works hard on improving both his business and his family's situation, and he gives special attention and care to his customers, whom he values highly as his main source of living.

Khalil is requesting this loan from Al Majmoua in order to buy necessary textiles for his business. He will also use part of it to help his son to continue building his family house.

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
  • 100
    View loans »
    Lebanon Loans Fundraising
  • $16,099,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Khalil to buy necessary textiles for his business and to help his son to continue building his family house.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 17, 2011
Listed
Jun 17, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012