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Khalil
Khalil is a 46-year-old married father of five children. He has been working in his grocery store since 1996. His business is going on just fine, and it is his family's only source for living; that's why he works hard to develop it as much as he can to attract new customers and reply to their different needs.

Khalil is acquiring a loan from Kiva partner Al Majmoua to expand his business merchandise with newly released special offer products that will attract new customers and provide him with specially priced products.

He hopes that with his increase in income he can provide his family with a better living and make sure that his beloved children will have the best education he can provide.

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.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $14,614,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,000 helped Khalil to expand his business merchandise with newly released special offer products.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2014
Listed
Feb 6, 2014
Currency Exchange Loss:
N/A
Expired:
Mar 8, 2014