Check out some available loans that are similar to this one!
Khaled is a 48-year-old married man and the father of four children. He has been working as a blacksmith for the last 34 years. This long experience helped a lot in improving his business and providing him with a special talent. Khaled is a hardworking man and he works hard to provide his family with the best living possible.

Just like anyone who insists on improving his business, Khaled applied for a loan from Kiva partner Al Majmoua, because his last experience with Al Majmoua was impressive and he is optimistic too about this one. This time Khaled is willing to buy updated tools and machines necessary for making his work easier.

Khaled is sure that through this loan, he will be capable of providing good living for his family. Khaled hopes to keep on improving his business more and more in the future.

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
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Khaled to buy updated tools for his business.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Nov 25, 2011
Dec 23, 2011
Currency Exchange Loss:
Jul 17, 2013