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Bilal is a 22-year-old single man who has been working in mobile phone sales and maintenance for three years. In 2010, he opened his own shop and it's going just fine. Bilal is a hard worker with a good reputation. Bilal is applying for a Youth loan from Kiva partner Al Majmoua, in order to buy necessary tools and mobile accessories. Bilal will also invest part of the loan in increasing the mobile prepaid cards and he might buy a TV for the shop. Bilal is also thinking of buying a special International call machine necessary for improving his business.

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
  • 134
    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 Bilal to buy tools, phone accessories and prepaid cards to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 2, 2012
Apr 29, 2012
Currency Exchange Loss:
Mar 15, 2013