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Bilal
BilA. is a 35-year-old man who lives in Saida, southern Lebanon with his wife and their three children. BilA. has been a barber for 27 years. BilA. is renowned in his work for his good prices. He has a very broad clientele.


BilA. has requested a loan of USD$1100 from A. Majmoua in order to purchase a new armored window for his salon. This is his second cycle and he has always paid on time. In the future, he plans to open an academy.

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
  • 98
    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 $1,100 helped Bilal bilal needs the loan to purchase a new armored window for his salon.
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