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Helmi
Helmi is a 48-year-old married man who is the father of three children. For the past 22 years, he has been selling shoes and he opened his own shop in 1998. Helmi is a man with a very good reputation in his region as a hard worker and a trustful person.

Helmi is requesting a loan from Kiva partner Al Majmoua to pay for his child's university fees. He has had three previous loans with Al Majmoua and he used his loans to invest in improving and increasing his business capital. Helmi is very impressed with the results he obtained with his loans and he is especially excited about this one as it will help him achieve one of his biggest personal goals which is to provide the best education for his children. Helmi hopes to continue improving his business to provide his family with financial support.

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

  • $5,900
    Average annual income
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Helmi to pay his child's university fees.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 11, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013