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Khaled is a 40 year-old married man, who lives with his wife and four children in Ain. He has worked in car repair since 1988 and is very experienced in this field. Most of his customers recommend him to others. Khaled has been an A. Majmoua-Kiva partner for ten consecutive cycles and all his previous loans helped improve his business and his family’s sociA. and financiA. situation a lot. Khaled seeks perfection in his business, which is why he’s requesting a loan to buy new, improved machines that will help improve his business more and more. He hopes to stay updating and improving his business through offering a wider set of services in the future.

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
  • 74
    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 $2,000 helped Khaled to buy new machines that will help improve his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 20, 2011
Jun 20, 2011
Currency Exchange Loss:
Jan 22, 2012