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Khodor is a 29-year-old single man, who has been working in furniture-making since six years ago. Khodor is the sole breadwinner for six members of his family. That's why he has to work harder to develop his business to make sure it will produce a very good income to cover his family's needs.

Khodor is applying for a Youth Loan from Kiva's partner, Al Majmoua, to buy the necessary requested sponges and threads. These will surely develop his business and improve his living because he will buy them at a very encouraging price.

Khodor hopes to keep on developing and expanding his business in the future, to make sure that his customers and family members are served properly.

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

  • $15,800
    Average annual income
  • 120
    View loans »
    Lebanon Loans Fundraising
  • $16,623,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Khodor to buy the necessary requested sponges and threads.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Jul 11, 2013
Aug 14, 2013
Currency Exchange Loss:
Feb 17, 2015