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Ibrahim
Ibrahim is a 49 year-old man who lives in Saida, southern Lebanon with his wife and their four children. Ibrahim has been working as a car painter since 2003. He has requested a loan from Kiva partner Al Majmoua in order to purchase tools and paint for his work. This is the fourth cycle and he has always paid on time.

Ibrahimi is special in his work because he knows how to treat his clients and does a good job. His clients are mainly his friends and neighbors. When he first started his business, he had some financial difficulties in order to buy all the necessary tools. He decided on his business because he wanted to have independent work. In the future, he plans to expand 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

  • $5,900
    Average annual income
  • 91
    View loans »
    Lebanon Loans Fundraising
  • $15,072,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ibrahim to purchase tools and paint.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2010
Listed
Feb 19, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011