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Mohamed is a 35-year-old man who lives in Bourj El Barajneh, in southern suburbs of Lebanon, with his wife and their three children. Mohamed owns a pick-up from which he sells fruits and vegetables. He has requested a loan of $1000 from Al Majmoua in order to reimburse a loan. It is his fist time that he has asked a loan from Al Majmoua. He promised to pay on schedule.

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
  • 135
    View loans »
    Lebanon Loans Fundraising
  • $18,176,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mohamed mohamed needs the loan to reimburse a loan.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 3, 2008
Nov 21, 2008
Currency Exchange Loss:
Jan 12, 2010