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Harb
Harb is a 36-year-old married father of two children, living in a small village in southern Lebanon. He has been a plumber for the past fifteen years and specializes in water basins. His wife is currently unemployed and his revenue is barely enough to provide for his family.


Both of Harb’s children are enrolled in a private school, which means that he has to pay tuition fees on top of all of his other family expenses. Because of tight money, Harb decided to apply for a 3,000,000 LBP loan through Al Majmoua to cover school fees so that his children will be able to attend school next year.


As for the future, Harb wishes to expand his business and work on large-scale projects.

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

  • $5,900
    Average annual income
  • 66
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • 1,511.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Harb to cover his children's school fees.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
Covered
Ended:
Dec 17, 2014