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Jamal is a 42-year-old married father of three children. He retailed and repaired spare parts until 2010 when he opened up his own grocery store, selling foodstuffs and candies.

Jamal is applying for a loan from Kiva’s Partner, Al Majmoua, to increase the supply of goods in his store and to expand his business further. Jamal has always been independent and is happy to have been a self-made trader. His main concern is to maintain a good standard of living for himself and 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

  • $15,800
    Average annual income
  • 147
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Jamal to increase the supply of goods at his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 21, 2012
Apr 24, 2012
Currency Exchange Loss:
Apr 17, 2013