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Talie, a 37-year-old single man living in Chtoura, owns a grocery shop where he has been selling food products, cleaning products and toys since 2007. He enjoys a good reputation for the quality and price of his products and is requesting his first loan from Al Majmoua to buy new ones in order to keep meeting his customers’ needs.

Talie works hard on achieving customer satisfaction and hopes to open a new branch in the future. He also aspires to having a small family for whom he’ll be able to provide happiness and a healthy living.

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
  • 133
    View loans »
    Lebanon Loans Fundraising
  • $18,215,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Talie to buy new products.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 28, 2011
May 2, 2011
Currency Exchange Loss:
Mar 15, 2012