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Bilal
Bilal is a 27-year-old married man, father of two children. He has been working selling fruit and vegetables for 10 years. Bilal is a Palestinian refugee, who puts much effort into providing his family with the best living.

Bilal is a hard worker. He is applying for a YOUTH LOAN from Kiva's partner Al Majmoua, in order to buy metal tents to expand his working zone, this will help him a lot in increasing business capital which will lead to an increase in income.

In 2005 he opened his own business to make sure that his family would have the necessary things they need for living. This is his eighth cycle as an Al Majmoua borrower with a good standing and good paying-back history.

He hopes to buy his own planting land in the future and sell his own produce.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 87
    View loans »
    Lebanon Loans Fundraising
  • $15,270,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Bilal to buy metal tents to expand his working zone.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 18, 2013
Listed
Mar 21, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014