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Bilal is a 41-year-old married man, the father of three kids. He has specialized in making the tastiest Arabic sweets ever for the past 25 years. His father's shop opened in 1973 and he inherited the business. His sweets are like homemade ones; they are tasty and smell great. Everyone in the region is his client, in addition to relatives, friends, friends of friends, and passersby.

Bilal is requesting a loan from Al Majmoua for the sixth time. All his previous loans were for improving his business and had great impact. He has been a great borrower, since his repayment history is perfect. This time the loan isn't for his business – it's requested to pay for his children's school fees. He hopes to provide the best education for his children; one that he couldn't get.

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
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Bilal to pay for his children's school fees.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Jan 31, 2011
Mar 1, 2011
Currency Exchange Loss:
Mar 15, 2012