Check out some available loans that are similar to this one!
Bilal
BilA. is 29 years old and lives in Saida, southern Lebanon. He works as a home painter and is successful in his work because he does a nice, clean job. His clients are his friends, neighbors and others, and he also works on projects with interior designers. When BilA. first started his business, he didn’t face difficulties. He set up the business because he learned it when he was young and he wanted to work as an interior designer.


BilA. has requested a loan of $2,000 USD from Kiva partner, A. Majmoua, in order to purchase a second-hand car for his work. This is his second loan cycle and he has always paid on time. In the future, BilA. plans on expanding his business by making himself know in other regions.

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
  • 60
    View loans »
    Lebanon Loans Fundraising
  • $14,580,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Bilal to purchase a second-hand car for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 4, 2009
Listed
Sep 2, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010