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Khodor
Khodor is a 26-year-old man who lives in Saida, southern Lebanon with his wife and their three children. Khodor has been collecting broken iron for eight years. He collects the iron and then sells it to his friends or to iron workers who use the iron in their work. He decided to start his business because he had the help of his parents.


Khodor has requested a loan of USD$1200 from A. Majmoua for household expenses. This is his third loan and he has always paid on time. In the future, he plans to purchase a bigger truck.

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
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $15,853,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Khodor khodor needs the loan for household expenses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 15, 2008
Listed
Jan 2, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2010