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Kamel
Kamel is a 20 -year-old man who lives in Tyre, southern Lebanon. Kamel has been working as a motorcycle repairer for almost three years. He requested a loan from Al Majmoua in order to purchase a machine for his work. This machine will help him improve his work, as well as his quality of work. This is the first time that he has requested a loan.

Kamel is special in his work because of his efficiency and punctuality in repairing motorcycles. His clients are his friends and neighbors, but sometimes people from the surrounding villages. When Kamel first started his business, he had to face competition. He decided on doing his work because of he has been practicing it since he was a boy and wanted to have an independent job. In the future, he plans on expanding 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
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kamel to purchase a machine for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2010
Listed
Mar 3, 2010
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2011