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Jihad
Jihad is a 46-year-old married father of one child. He has been working as a reporter to support his family.

Since his income is not good enough to cover the recent increase in his son's school fees, he is acquiring a loan from Kiva partner Al Majmoua to pay for his only child's education.

His son's education is his main goal, and he is working hard to keep on providing for him as best he can, and to help him to become an important person in the future.

He is very anxious about this loan, and looking forward to developing his family's living.

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

  • $15,800
    Average annual income
  • 42
    View loans »
    Lebanon Loans Fundraising
  • $15,822,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Jihad to pay for his child's school fees.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 16, 2014
Listed
Feb 13, 2014
Currency Exchange Loss:
N/A
Ended:
May 17, 2015