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Ibrahim
Ibrahim is a 31-year-old man who lives in Bint Jbeil in southern Lebanon with his wife and their two children. Ibrahim has been working in construction, tiling floors since 2000. He requested a loan from the Kiva field partner, Al Majmoua, in order to purchase tools for his work. This is the first time that Said has requested a loan. When he first started his business, he had to face competition and he had some financial issues. He is well-known for his good work. His clients are people from his region. In the future, he plans to keep improving his business and to purchase 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
  • 39
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • 1,502.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,675 helped Ibrahim to purchase tools for his work.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Feb 8, 2010
Listed
Feb 4, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2011