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Jamal
Jamal is a 27-year-old man who lives in Saida, southern Lebanon, with his wife and their child. Jamal has been working as a scrap metal dealer for twelve years. He requested a loan of 1200 US dollars from Al Majmoua in order to purchase merchandise for his work and also to paint his house. This is his second loan and he has always repaid on time. Jamal is special in his work because he is trustful and he likes his work a lot. His clients can be anybody.

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
  • 58
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Jamal to purchase merchandise for his work and paint his house.
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:
Jan 15, 2010