Check out some available loans that are similar to this one!
Mounir
Mounir is a 35 year old man who lives in Saida, southern Lebanon with his wife and their child. Mounir has a metA. business and has been in this business since he was young.

Mounir requested a loan of 1200 US dollars from A. Majmoua in order to purchase gold for his business. This is his third loan and he has always paid his loans off on time. His previous loans helped him improve his family situation.

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 Mounir mounir will use the loan to purchase gold for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 12, 2009
Listed
Feb 5, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010