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Jihad
Jihad is a 35-year-old man who lives in Saida, southern Lebanon, with his wife and their four children. Jihad has been selling vegetables and fruit for 14 years. He also works as a schoolbus driver. Jihad requests a loan of $1200 USD from A. Majmoua in order to purchase merchandise for his business and do some maintenance work on his bus. This is the first time that Jihad has requested a loan.
Jihad is speciA. in his work because he sells good vegetables and fruit. His clients are his friends, neighbors and tourists. In the future, he plans to expand his business.

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
  • 139
    View loans »
    Lebanon Loans Fundraising
  • $16,300,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jihad jihad will use the loan to purchase merchandise for his business and to do some maintenance work on his bus.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 6, 2009
Listed
Jan 21, 2009
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2009