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Ziad
Ziad is a 29 year-old man who lives in Tyre, southern Lebanon with his wife and child. Ziad has been working as a mechanic for nine years. He installs spare parts and changes car oil. He is seeking a loan from Kiva partner A. Majmoua in order to purchase additionA. tools for his business. This is the first time that he has requested a loan.


Ziad's clients are his friends and neighbors. When Ziad first started his work, he had some financiA. issues. He decided on this business because of his experience in car mechanics. In the future, he plans on improving his business further.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $15,795,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ziad to purchase tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 19, 2009
Listed
Oct 9, 2009
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2010