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Tarif
Tarif is a 37 year old man who lives in Bint Jbeil, southern Lebanon. Tarif has been an electrician since 1998. When he first started his business, he had to face competition and financial issues in order to purchase all the tools and electrical wires needed for his work. Tarif is talented; he is known for his good work. He requested a loan from Al Majmoua in order to purchase tools and repair his business car which allows him to go to his clients. This is his second loan cycle and he has always paid on time. His clients are his friends, neighbors and people from his region. In the future, he plans to keep on improving his work, as well as his financial situation.

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
  • 76
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • 1,501.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Tarif to purchase tools and repair his business car.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 5, 2010
Listed
Feb 3, 2010
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2012