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Dib
Dib has been working as a car painter and repairman since 2000. He is a 27-year-old man who lives in Saida, southern Lebanon. Dib does good work. His clients are his friends, neighbors and others. Dib decided on this business because he wanted to have independent work. When he first started his business, he didn’t have enough cash to purchase all the needed tools for his garage. Dib requested a loan from Al Majmoua in order to purchase tools for his work. This is his third loan cycle and he has always repaid on time. In the future, he plans on improving his business by purchasing more sophisticated tools.

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
  • 120
    View loans »
    Lebanon Loans Fundraising
  • $16,255,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,100 helped Dib to purchase all the needed tools for his garage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2009
Listed
Dec 13, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2011