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M. is a 53 year old man who lives in Bint Jbeil, southern Lebanon with his wife. M. has been working in agriculture since 1990. He owns livestock and produces dairy products. He requested a loan from Al Majmoua to purchase a cow so that he can increase his dairy products and livestock. This is his second loan and he has always paid on time.
M. is well known for his good products. His clients are people from his region. When he started his business he had to face competition as there is a lot of agriculture in his region. M. decided to run his business because of his experience: he took over his family’s business and learnt it when he was young. He plans to keep expanding his business by producing more.

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
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Maroun to purchase a cow.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Feb 8, 2010
Feb 4, 2010
Currency Exchange Loss:
Jun 15, 2011