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Khattar is a 33 year-old single man. He owns a vehicle garage in his town and has been working there for five years. He still hasn't found the woman of his dreams, but is working on that! In fact, he contacted Al Majmoua in order to acquire a loan to purchase furniture for the living room of his new house. It would help him with expenses and would push him to settle down and establish a family with his wife-to-be. Concerning the future, Khattar wishes to open up a larger garage soon.

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
  • 118
    View loans »
    Lebanon Loans Fundraising
  • $17,414,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
A loan of $1,500 helped Khattar purchase furniture for the living room in his new house.
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 16, 2013
Jun 14, 2013
Currency Exchange Loss:
Jul 14, 2013