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Nabil is a 47 year old man who lives in Aley, Mount Lebanon with his wife and their four children. Nabil has been working as a car repairer for twenty six years. He paints cars as well and he sells spare parts for cars. He requested a loan of 3000 US dollars from Al Majmoua in order to purchase tools and spare parts for cars. This is his third loan cycle and he has always paid on time.

His previous loans helped him improve his work as well as his financial situation. His clients can be anybody from his region. When he first started his business, he had to face the competitive prices. He decided on doing his business because of his experience. In the future, he plans on expanding 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
  • 129
    View loans »
    Lebanon Loans Fundraising
  • $16,664,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Nabil to purchase tools and spare parts for cars.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 23, 2009
Apr 7, 2009
Currency Exchange Loss:
Apr 15, 2010