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Youssef is a 31-year-old man who lives in Bint Jbeil, southern Lebanon with his wife and their two children. Youssef has been working as a car painter since 2000. He requested a loan of 3000 US dollars from Al Majmoua in order to purchase tools and paint for his work. This is his second cycle and he has always paid on time.
His previous loan helped him improve his work. Youssef is special in his work because he does it well. His clients can be anybody from his region. When he first started his business, he didn’t have the startup capital. 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
  • 128
    View loans »
    Lebanon Loans Fundraising
  • $16,640,700
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Youssef to purchase tools and paint.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Apr 14, 2009
May 1, 2009
Currency Exchange Loss:
May 15, 2011