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Hisham is a 30 year old man. He lives in southern Lebanon, in Nabatieh.

Hisham owns a van that is used for student transportion. He also owns an aluminum workshop. This is the first time he has asked for a loan from Al Majmoua. With the loan, he is planning to do work on his house. He will use his business profits to repay the loan.

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
  • 143
    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 $1,200 helped Hisham to do work on his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 26, 2008
May 2, 2008
Currency Exchange Loss:
Jun 15, 2009