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Zahi
Zahi is a 35 year-old man who lives in Saida, southern Lebanon. Zahi has been working as a motorcycle repairer. He decided on doing his business because of his experience. When he first started, he had to make himself known to the public. He has requested a loan from Kiva partner A. Majmoua in order to purchase motorcycle spare parts for his work. Zahi has been a microcredit client for five years and has always paid on time.

His previous loans have allowed him to improve his work and purchase spare parts. His clients are mainly his friends and neighbors. In the future, he plans to expand his business by selling motorcycles.

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
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $14,580,575
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Zahi to purchase motorcycle spare parts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 9, 2010
Listed
Feb 19, 2010
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2011