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Haidar is a 40-year-old married man, the father of six children. Since 2004, he has owned a bakery, specialized in making Manakish traditional Lebanese breakfast. Haidar is the only person who supports his family financially, he has one employee to help him reply to almost all of his cuctomers.

Haidar has to do major surgery on his eyes. He applied for a loan from Kiva partner Al Majmoua, so as not to use his business capital and so it can be kept available for any needs during his absence.

Haidar hopes to come back to his work as soon as possible to keep his customers satisfied. This is Haidar's fifth cycle as Al Majmoua borrower, all his previous loans helped a lot in improving both his social and financial situation.

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
  • 135
    View loans »
    Lebanon Loans Fundraising
  • $17,345,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Haidar to pay for necessary surgery on his eyes.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jun 12, 2012
Jun 27, 2012
Currency Exchange Loss:
Jan 17, 2014