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Marotyon is a 46-year-old man who lives in Beirut, the capital of Lebanon. He has been working as a jewelry designer since 1993. He produces necklaces, earrings, bracelets, pins and other type of jewelry. His clients are his friends, neighbors, and people from his region. When he first started his business, he didn’t face difficulties since he learned his trade from his father. When he was young, he used to help his father during his free time; he loves his work and produces beautiful jewelry.

Marotyon is requesting a loan from Kiva partner, Al Majmoua, in order to purchase gold for his work. He has been a microcredit client for ten years now and has always paid on time. His previous loans helped him improve his work. In the future, he plans to continue 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
  • 31
    View loans »
    Lebanon Loans Fundraising
  • $19,505,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Marotyon to purchase gold for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 4, 2010
Mar 4, 2010
Currency Exchange Loss:
Apr 15, 2011