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Taha is a 49-year-old married man and father of one child. He has been working for 30 years selling fruits and vegetables; it is his only source of income. Taha has been working since he left elementary school, similar to many Palestinian refugees living in Lebanon who do not have enough work experience of education and therefore can not choose the career they may desire. Taha is applying for his first loan from Kiva partner Al Majmoua in order to increase his shop's variety of products with winter fruits and vegetables, especially before the Christmas and New Year's season. He is sure that this loan will increase his income and improve his living conditions and he hopes that he will remain capable of providing for his family.

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
  • 33
    View loans »
    Lebanon Loans Fundraising
  • $19,527,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Taha to increase variety of products in his shop with winter fruits and vegetables especially before the Christmas and New Year's season.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Nov 23, 2012
Dec 22, 2012
Currency Exchange Loss:
Oct 17, 2013