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Khodor
Khodor is a 49-year-old, married man, and the father of five children. He has owned his grocery store for 12 years. He is distinguished by his honesty, among other vendors in the region. Khodor is applying for a loan from Kiva’s partner, Al Majmoua, to help him buy a pickup truck. This will facilitate his trips to the wholesalers and considerably reduce his transportation expenses.

Khodor is ambitious and positive about the future of his business. He aims to expand his store further, to offer a bigger variety of fruits and vegetables to best serve his customers’ needs.

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
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Khodor to buy a pickup truck, to reduce the expense of transporting goods from wholesalers' premises to his grocery store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 10, 2012
Listed
Jan 9, 2013
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2014