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Ibrahim
Ibrahim is a 63-year-old married man and father of two children. He has worked as a journal reporter for the past 10 years. He loves his work and is talented at what he does.

Ibrahim is an Al Majmoua borrower (Kiva partner) of 2 cycles. His previous loan helped him a lot to cover a family need and he was in good standing repaying the borrower. Today, his second loan is also requested to cover a certain family need which is very important for his family members’ health. He will make necessary home maintenance to avoid rain leakage and will also paint where necessary.

Ibrahim is very proud and happy with his cooperation with Al Majmoua. This is because he has a limited salary that does not afford urgent, unplanned (yet necessary) things. Through his Al Mjamoua loans, however, he was capable of handling these.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Lebanon

  • $5,900
    Average annual income
  • 72
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ibrahim to make necessary maintenance to his house.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 23, 2012
Listed
Dec 21, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014