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Nizar is 30 years old and lives in Saida - South, Lebanon. He is married with two sons, who are 2 years old and 1 month old. He works as a general builder, a trade in which he has15 years of experience. He is requesting a loan of $1500 to buy tools and a quantity of wood. He enjoys his work, likes being self-employed, and is excited to expand his business. In the future, he wants to invest in more tools for his workshop. Nizar had a previous loan that he found very beneficial, as it improved his financial situation.

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
  • 35
    View loans »
    Lebanon Loans Fundraising
  • $19,536,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Nizar to buy wood and tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 15, 2010
Nov 26, 2010
Currency Exchange Loss:
Dec 15, 2011