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Jihad is a 37-year-old married man and a father of one child. He has been operating his own variety store for 15 years now; he sells accessories, perfumes, toys, and gifts. Jihad previously took a loan from Kiva partner Al Majmoua, and he was very satisfied with the credit, especially its amount.

Currently, Jihad is applying for a second loan. He will invest the money in buying new merchandise, mostly accessories and gifts. With this, Jihad will be able to serve the increasing demand of his customers. In the future, he is planning to further diversify his store and attract new customers.

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
  • 122
    View loans »
    Lebanon Loans Fundraising
  • $17,359,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Jihad to buy new merchandise, mostly accessories and gifts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 10, 2012
Jan 10, 2013
Currency Exchange Loss:
Jan 17, 2014