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Bilal
Bilal is a 22-year-old man who lives in Bint Jbeil, southern Lebanon. Bilal has been working as a floor polisher for three years. He requested a loan of 1000 US dollars from Al Majmoua in order to purchase tools for his work. This is the first time that Bilal has requested a loan.



Bilal is special in his work because he does it well and because of his punctuality. His clients can be anybody from his region. When Bilal first started his business, he didn't have the startup capital. He decided on doing his business because of his experience. In the future, he plans on expanding 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

  • $5,900
    Average annual income
  • 56
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Bilal to purchase tools for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2009
Listed
Mar 22, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010