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Hilal
HilA. is a 39-year-old man who lives in Saida, in southern Lebanon, with his wife and their three children. HilA. has been working as a taxi driver, and he has also owned a school bus for four years.

HilA. requested a loan of $1200 US dollars from A. Majmoua to do some maintenance work on his school bus. This is his second loan cycle and he has always paid on time.

The loan helped him in a good way. HilA. was able to do some maintenance work on his taxi cab. HilA.'s work is speciA., because of his punctuality and his enjoyment of his work. His clients are students, friends, family members, neighbors and others. When he first started his business, he lacked cash. He decided to do this work because he likes it and is especially grateful for its sustainability. In the future, he plans to purchase a bigger bus.

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

  • $5,900
    Average annual income
  • 64
    View loans »
    Lebanon Loans Fundraising
  • $15,645,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Hilal hilal needs the loan to do some maintenance work on his school bus.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2008
Listed
Jan 11, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 12, 2010