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Jihad
Jihad D. is a 32-year-old man who lives in a small Lebanese village near Baalback in the Bekaa Valley. Jihad owns a small music shop and is constantly searching for new products to please his customers. He has asked Al Majmoua for a $1,200 loan in order to improve the layout and decoration of his shop, and to purchase a more diverse selection of music. Jihad has been a client of Al Majmoua for the past 5 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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,152,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jihad to improve the decoration and layout of Jihad's music shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 30, 2008
Listed
Sep 16, 2008
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2009