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Elias is a 50-year-old married man, father of seven children. Elias is a hardworking man. He used to be a house painter for 26 years and he is still doing it. In addition to his initial business, Elias is specialized in selling and installing receivers and satellites, which he is supporting a lot to reach an important level in such business.

Elias is requesting a loan from KIVA partner Al Majmoua, in order to buy new satellites and updated receivers, necessary to keep his business updated. This business is improving these days a lot and he has to keep aware of the new technologies released.

Elias is planning to open a big satellite company in the future, and to expand it all over the region.

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
  • 138
    View loans »
    Lebanon Loans Fundraising
  • $16,300,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $800 helped Elias to buy new satellites and updated receivers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 13, 2011
Dec 28, 2011
Currency Exchange Loss:
Jan 15, 2013