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Raed is a 26-year-old single man who is responsible for six members of his family. Raed has been employed in a construction company and has specialized in internal decorations for the past nine years. He was only 16 years old when started working to financially support his family and he is their sole bread winner.

Raed is acquiring a YOUTH loan from Kiva's partner, Al Majmoua, to make necessary maintenance to his family's house in order to keep it a healthy living place. In addition he will build an extra room for his family's increasing needs.

He hopes that in the future he will be capable of starting his own business, which he has always dreamed about. He wants to be a DJ and is working hard to make his dream come true.

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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.


About Lebanon

  • $15,800
    Average annual income
  • 129
    View loans »
    Lebanon Loans Fundraising
  • $16,664,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Raed to make necessary improvements to his family's house.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Nov 11, 2013
Dec 8, 2013
Currency Exchange Loss:
Mar 17, 2015