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Salim is a 47-year-old married man living in Lebanon with his wife and their two children. He works in construction and has many years of experience. He works on a freelance basis, taking housing projects and other projects such as building shops.

After gaining a good reputation in his occupation, Salim plans to expand his work. That is why, today, he has requested for the first time a loan to purchase tools for his work and to pay for his children’s school tuition fees. He hopes to keep on improving and expanding 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
  • $18,215,950
    Funds lent in using Kiva
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Salim to purchase tools for his work and to pay his children's school fees.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Jul 6, 2010
Jul 5, 2010
Currency Exchange Loss:
Nov 15, 2011