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Haytham is a 31-year-old married man and the father of two children. He has been working in selling vegetables, fruits, conserves and sweets for ten years. His business is expanding and increasing gradually, since his shop is located in a special area facing the university where the students have a big effect on his increase in income.

Haytham is a hard worker who seeks perfection in everything.

Haytham applied for a loan from Kiva partner, Al Majmoua, in order to buy new merchandise requested by his customers, especially goods for the coming winter season.

This is his third cycle as an Al Majmoua borrower, with a good standing in paying-back history. His previous loans helped a lot in increasing his income and improving his living.

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
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $16,152,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Haytham to buy new merchandise requested by his customers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 20, 2012
Dec 18, 2012
Currency Exchange Loss:
Oct 17, 2013