Check out some available loans that are similar to this one!
Khalil, 49 years old, lives with his wife and 3 children in the South of Lebanon, close to Tyr. Khalil owns a small restaurant that specializes in Hummus (made of chick peas) and Foul (made of beans), which are traditional Lebanese breakfast dishes. He needs a loan of USD 1,200 for the purchase of a large inventory of chick peas and beans. This is the second time Khalil has requested a loan from Al Majmoua [Kiva’s Field Partner]. He successfully repaid his previous loan on time.

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
  • 137
    View loans »
    Lebanon Loans Fundraising
  • $17,345,625
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Khalil purchase of a large inventory of chick peas and beans.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Sep 6, 2008
Aug 18, 2008
Currency Exchange Loss:
Aug 15, 2009