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Khodor
Khodor is a 27-year-old married father of one and the sole breadwinner of his family. Four years ago, he opened a mobile phones selling shop with the guidance of his cousins, who were already in the business. His business has had a hard time growing since he lives in an area of conflict where the economic climate is risky.

Khodor is acquiring a loan from Kiva’s field partner, Al Majmoua, in order to purchase more mobile phones and accessories as a means to increase his revenue.

In the future, he intends to expand his business to service all his clients’ mobile phones' needs.

Additional Information

More information about this loan

This loan is part of Al Majmoua’s efforts to help individuals living in parts of Lebanon that are affected by ongoing conflict and war. Businesses in and around Tripoli and Bekaa face numerous security challenges and have experienced decreased turnover. By supporting this loan, you will help strengthen microbusinesses in an area of conflict and political instability.

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
  • 85
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Khodor to purchase more mobile phones and accessories to increase his revenue.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2014
Listed
May 27, 2014
Currency Exchange Loss:
N/A
Ended:
Apr 17, 2015