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Haisam
Haisam is a 37 year old man who lives in Bint Jbeil, Southern Lebanon, with his wife and their eight children. Haisam has been working as a taxi driver since 2000. He transports his customers in a van where he does long distance trips, from one village to another.

When he first started his business, he had to face the competition. Haisam is speciA. in his work because he knows how to treat his clients and also because of his punctuality. He has requested a loan from A. Majmoua in order to do some maintenance work on his van. This is his second loan cycle and he has always paid on time. His previous loan allowed him to pay for his car expenses.

His clients are his friends, neighbors and people from his region. In the future, he plans on expanding his business by working in surrounding villages.

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
  • 99
    View loans »
    Lebanon Loans Fundraising
  • $15,309,925
    Funds lent in using Kiva
  • 1,501.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Haisam to do some maintenance work on his van.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 19, 2010
Listed
Jan 18, 2010
Currency Exchange Loss:
Covered
Ended:
May 15, 2011