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Fadel is a 48-year-old man who lives in Saida, southern Lebanon, with his wife and their three children. Fadel has been working in agriculture since 2002. He plants bananas, oranges, mandarins, and other type of fruits. He has requested a loan of 1000 US dollars from Al Majmoua in order to purchase tools for his work.

This is Fadel's third cycle and he has always paid on time. His previous loans helped him improve his field as well as his work. Fadel is special in his work because he knows how to take good care of his fruits and they are tasty.

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
  • 132
    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 Fadel to purchase tools for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 19, 2009
Mar 5, 2009
Currency Exchange Loss:
Mar 15, 2010