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Jallal
JallA., a 36-year-old married man, lives in Tyre and has two children. Because of the hard living situation he is facing, JallA. works in severA. types of businesses, such as transportation and agriculture, as well as owning a bakery. He works hard to improve his businesses by buying new products and providing good service. His customers are relatives, neighbors and friends.

JallA. has requested a loan from A. Majmoua, Kiva's partner, in order to perform necessary maintenance on his car and increase his bakery's capitA. in addition to buying a new oven. He’s an honest man with good customer service. JallA. hopes to expand his business more and continue to provide a healthy life for his family.

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
  • 39
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Jallal to do necessary maintenance on his car.
100% repaid
Repayment Term
16 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 7, 2011
Listed
Jul 2, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012