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Khodor is a 26-year-old man who lives in the Bekaa area. Khoder has owned a grocery store since 2007. He has requested a loan of $1,500 from Al Majmoua in order to purchase merchandise for his store. This is the first time that Khoder has requested a loan.

Khoder feels that he is special in his business because he knows how to treat his clients. His clients are his friends and neighbors. Khoder decided to open his grocery store because he wanted to improve his financial situation. 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

  • $15,800
    Average annual income
  • 141
    View loans »
    Lebanon Loans Fundraising
  • $18,174,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Khodor to purchase merchandise for his store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 5, 2009
Jul 1, 2009
Currency Exchange Loss:
Sep 15, 2010