Check out some available loans that are similar to this one!
Khalil is a 42-year-old divorced man who lives in Bourj El Barajneh, in the southern suburbs of Lebanon. Khalil has been selling chicken since 1993. He requested a loan of 1200 US dollars from Al Majmoua in order to purchase merchandise for his business. Khalil has been a micro credit client for six years now and has always paid on time.
Khalil's previous loans helped him improve his business as well as his financial situation. His clients can be anybody from his region. Khalil decided on doing this business because of his high living expenses. In the future, he plans to improve 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
  • 38
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Khalil to purchase merchandise for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 16, 2009
Apr 1, 2009
Currency Exchange Loss:
Apr 15, 2010