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Jaafar is a 25-year-old single man who has worked in agriculture since 2008.

Jaafar is a hard worker. He plants olives and grapes, in addition to trading with fresh milk and beef.

Jaafar is a man with a good reputation. His enthusiasm and courage to develop himself and his work are well known in his village.

Jaafar applied for a Youth Loan from Kiva partner Al Majmoua, for the first time in order to open a convenience store and to buy more sheep. This loan will help a lot in increasing his income and expanding his business.

He hopes to keep on improving his business and to start planning to make a happy family in the future.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 127
    View loans »
    Lebanon Loans Fundraising
  • $16,571,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Jaafar to open a convenience store and buy more sheep.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Jun 27, 2012
Jul 19, 2012
Currency Exchange Loss:
Oct 17, 2013