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Joseph is 35 years old and lives in Beirut, the capital of Lebanon. He has owned a bakery for nine years, and went into this line of business as his father was a baker. Joseph makes 'saj' and 'mankoucheh' at the bakery. The saj bread is baked in a traditional Lebanese cooking dome/metal oven called a 'saj'. Mankoucheh looks like a folded pizza, and its most common toppings are zaatar (thyme), jebneh (cheese) and lahm bi ajin (minced meat). You can eat mankoucheh at any time of the day, but somehow it tastes better in the morning. Joseph is successful in his work because he is a good baker and is known for his excellent mankoucheh. His customers are his friends, neighbors and local people.

Joseph requested a loan of $2000 USD from Kiva partner, Al Majmoua, in order to purchase merchandise for his bakery. This is his third loan cycle and he has always paid on time. In the future, he plans on expanding his bakery.

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
  • 118
    View loans »
    Lebanon Loans Fundraising
  • $16,255,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Joseph to purchase merchandise for his bakery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 16, 2009
Apr 3, 2009
Currency Exchange Loss:
Apr 15, 2010