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Kamal is a 47-year-old married man, and a father of three children. He has been working as a tailor for fifteen years. He also sells men's suits to increase his income and improve his standard of living.
Kamal has been an Al Majmoua borrower for six loan cycles, all of which were invested in improving his standard of living and covering his family's needs. The present loan will be invested for the same purpose. Kamal wants to attract new customers.
Kamal is very optimistic concerning this loan, and he is sure that it will come with a positive feedback on both his social and financial 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
  • 126
    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 $1,500 helped Kamal to buy fabric to develop his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Feb 4, 2013
Mar 7, 2013
Currency Exchange Loss:
May 17, 2014