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S., a 48-years-old married man, lives with his wife and 2 children in Baalbek, located in the Bekaa valley. S. sells second-hand clothes. The loan he is requesting, USD 1200, will be used to purchase a wider variety of merchandise to diversify the selection he can offer to his clients. This is the first time S. has requested a loan from Al Majmoua; his background makes him a good candidate for a loan.

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
  • 144
    View loans »
    Lebanon Loans Fundraising
  • $16,571,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Shouman purchase a wider variety of merchandise.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 15, 2008
Sep 1, 2008
Currency Exchange Loss:
Oct 15, 2009