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Sami
Sami is a 44-year-old divorced man who lives in Tripoli, Northern Lebanon. Sami has been working as a car repairer. He requested a loan from Al Majmoua in order to purchase car oil and new tools for his garage. This is his second cycle and he has always paid on time.
His previous loan helped him improve his work. Sami is special in his work because he knows how to treat his clients. His clients are his friends and neighbors. When he first started his business, he had difficulty finding the proper place to open his garage. Sami decided on doing his business because he wanted to improve his income. In the future, he plans on expanding.

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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,205,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Sami to purchase car oil and new tools for his garage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2009
Listed
Sep 24, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010