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Kamal
Kamal is a 32-year-old single man living in a village in the Bekaa valley of Lebanon. He is responsible for the living of three members of his family.

He has worked as a house painter on construction sites for 15 years.

He decided to acquire a loan from Al Majmoua in order to seek support for his future career plan. He needs the loan in order to purchase materials that would enhance the quality of his work. In the future, Kamal wishes to take on bigger 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
  • 95
    View loans »
    Lebanon Loans Fundraising
  • $15,320,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kamal to purchase materials that would enhance the quality of his work.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2013
Listed
Jul 29, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014