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Khaled is a 33-year-old married man and father of one child. He has worked in transportation for 11 years. Khaled owns a van which he uses to transport people from one place to another. During the summer, he takes tourists all over the Lebanese borders. Khaled has a very good reputation; he works hard to provide his family with a good life and to improve his business.
Khaled is requesting a second loan from A. Majmoua to do the necessary maintenance on his van. Through his previous loan he learned how to be committed to others.
Khaled hopes to improve his business in the future, through trading his van for a bigger bus capable of taking more people.

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
  • 65
    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 $1,500 helped Khaled to do the necessary maintenance on his van.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Sep 28, 2011
Oct 25, 2011
Currency Exchange Loss:
Mar 15, 2013