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Khalil is 25 years old. Khalil is a single young man who lives and works in the Beirut suburbs. Khalil sells home appliances. This is the second time that Khalil has applied for a loan at Al Majmoua. The micro credits are helping him buy merchandise to expand his business.

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
  • 129
    View loans »
    Lebanon Loans Fundraising
  • $16,664,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Khalil to buy merchandise.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Mar 6, 2008
Feb 19, 2008
Currency Exchange Loss:
Apr 15, 2009