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Maisam
Maisam is a 31-year-old man who lives in Bekaa. Maisam has been working as a car repairman since 2004. Maisam is special in his business because of his clean and clear work. He decided to do this business because he wanted to have independent work. However, when he first started his business he had to face competition, especially since he wasn’t very known in his region. His clients are his friends and neighbors.

Maisam has requested a loan from Al Majmoua in order to purchase car oil for his work. This is the first time that Maisam has requested a loan. In the future, he plans to keep improving 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

  • $15,800
    Average annual income
  • 28
    View loans »
    Lebanon Loans Fundraising
  • $15,789,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Maisam to purchase car oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2009
Listed
Dec 12, 2009
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2010