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Zouhir
Zouhir is 40 years old and lives with his wife and four children in Bint Jbeil. Zouhir has been working as a stone carver for 15 years. He is requesting a loan from Kiva partner, Al Majmoua, in order to purchase a car for his work. This is the first time that Zouhir has requested a loan.


Zouhir is successful in his work because he does it well. His clients are people from his region. When he first started his business, he didn’t have the start-up capital. Zouhir set up as a stone carver because he had experience. In the future, he plans on expanding his business into a new region.

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    Funds lent in using Kiva
  • 1,502.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Zouhir to purchase a car for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 11, 2009
Listed
Aug 1, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010