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Jihad
Jihad D. is 33 years old and lives with his wife and six children in the town of Tyr in south Lebanon. Jihad is an animal farmer. He owns cows and sells their milk, while his wife makes dairy products like labneh, a type of yogurt that the people of Lebanon love to eat for breakfast with Arabic bread. Because expenses are high and income low in this line of work, Jihad believes that he must find another source of income to guarantee a better life for his family. That is why he has applied for a loan of $1,200, his first from Al Majmoua, to buy a herd of sheep.

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
  • 119
    View loans »
    Lebanon Loans Fundraising
  • $16,255,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jihad to buy a herd of sheep.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 17, 2008
Listed
Jul 1, 2008
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2009