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Khozaei is a 21-year-old single man from Chtoura, owner of a home products shop since 2008. Khozaei is working hard to improve his business; he sells cups, trays, and plates. He is requesting a loan from Al Majmoua for the first time, in order to improve his business through adding new products to his inventory such as gifts, bags, and frames.

Khozaei is a man with a good reputation; most of his friends are his clients, in addition to relatives, neighbors and passers-by. Khozaei hopes to expand and improve his business and to provide his family a secure and happy life.

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
  • 127
    View loans »
    Lebanon Loans Fundraising
  • $18,206,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Khozaei to improve his business.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Jan 31, 2011
Feb 4, 2011
Currency Exchange Loss:
Aug 16, 2012