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Radwan
Radwan is a 44 year old man who lives in Aley, Mount Lebanon with his wife and their three children. Radwan has been working as a car repairer. He requested a loan of $1,500 from Al Majmoua in order to purchase tools for his work. Radwan has been a microcredit client for five years now and has always paid on time.


Radwan is special in his work because he does it well and knows how to treat his clients. His clients are his friends, neighbors and people from his region. When he first started his business, he didn’t face difficulties. Radwan decided on 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

  • $5,900
    Average annual income
  • 57
    View loans »
    Lebanon Loans Fundraising
  • $15,679,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Radwan to purchase tools for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 5, 2009
Listed
Jul 1, 2009
Currency Exchange Loss:
N/A
Ended:
May 15, 2010