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Haytham
Haytham is a 39-year-old married man, the father of five children. He has been working in the transportation sector since 2000. Most of the time, he transports furniture and many other necessary materials. Haytham is well known in his region with a good reputation for hard work. He is always on time and he is a man of his word.

Haytham is applying for a loan from Kiva's partner, Al Majmoua, in order to renew his transportation license and do necessary maintenance on his truck. He has already been an Al Majmoua borrower for seven cycles with a good standing. Most of his previous loans helped a lot in improving his social situation. This loan will also help improve his situation in addition to providing a good living for his family. Haytham hopes to buy another truck 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
  • 51
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Haytham to pay for renewing his transportation license and doing necessary maintenance on his truck.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2012
Listed
Mar 25, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013