Check out some available loans that are similar to this one!
Khaled is a 54 year old man who lives in Beirut, capital of Lebanon with his wife and their four children. Khaled has owned a computer shop since 2006. He sells and repairs computers, as well as he sells computer accessories. He requested a loan from Al Majmoua in order to purchase a car for his work because he has a delivery service. This is the first time that Khaled has requested a loan.
Khaled is special in his work because he is trustworthy in his work. His clients are his friends and neighbors. When Ahmad first started his business, he didn’t face difficulties. He decided on doing his business because of his experience, as well as he wanted to have an independent work. In the future, he plans on expanding.

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
  • 135
    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 $2,000 helped Khaled to purchase a car for his work,.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Sep 18, 2009
Sep 22, 2009
Currency Exchange Loss:
Oct 15, 2010