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Khaled is a 24-year-old man who lives in the Bekaa. Khaled has been working as a DJ since 2003. He takes care of private parties like weddings, events and more. Khaled requested a loan from Al Majmoua in order to purchase a car to transport his DJ materials. This is the first time that Khaled has requested a loan. Khaled is special in his work because he does it well. His clients are his friends, neighbors, agencies and whoever needs him for an event or celebration. When he first started his business, he had difficulty in purchasing all the required tools and sound systems for his work. He decided on doing his business because from a young age he had always wanted to be a DJ. In the future, he plans to improve his work by always having the best materials for his work.

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
  • 134
    View loans »
    Lebanon Loans Fundraising
  • $18,176,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Khaled to purchase a car to transport his DJ materials .
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 5, 2009
Nov 22, 2009
Currency Exchange Loss:
Dec 15, 2010