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Maher K. is 30 years old. He is single and lives in a small village located in the Northern Bekaa Valley, near the town of Baalback. Maher is an active and optimistic young man who owns a small shop where one can find anything from mobile phones to music. Maher has requested a $1000 loan from Al Majmoua to purchase new products and to improve the overall layout and decoration of his shop. Maher has been a client of Al Majmoua for the past 2 years.

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
  • 128
    View loans »
    Lebanon Loans Fundraising
  • $17,359,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Maher to improve the layout of Maher's shop and purchase new inventory.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 30, 2008
Sep 16, 2008
Currency Exchange Loss:
Oct 15, 2009