A loan of $2,300 helped to buy a car that will provide business and family transportation.

Khaled's story

Khaled is a 35 year old married man and father of three children. He has been working in the agriculture business since 20 years ago. He is specialized in tobacco cultivation as his main source of a living. He is an expert in his business, since he plants the best quality tobacco seeds. The Lebanese government guaranties to buy all the tobacco production from those who work in such cultivation, which encourages a lot of farmers to move into such production.

He is applying for a loan from Kiva's partner Al Majmoua, in order to buy a car necessary for his business transportation to buy the best seeds and necessary tools. At the same time, it will provide his family with special facilities through having easy family outings.

This will be Khaled's third cycle as an Al Majmoua borrower with a good standing and repayment history. His previous loans where invested in improving, expanding and increasing his production. This increase reflected positively on his family's social and financial situation, which he hopes to keep on being capable of doing.

Loan details

Lenders and lending teams

Loan details