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Rabih
Rabih has owned an auto repair and body shop in his village since 2002, and he has been involved in this occupation for the past 10 years. He's 30 years old, married, and has two children. He has many customers because of his good service and stable operations. His business is well-known in his area.

Rabih does not store large numbers of spare parts. Therefore, he has been planning to purchase a large number of spare car parts to provide a more convenient service to his customers. Rabih has been a micro-credit client for the past five years. He has always repaid his previous loans on time which allows him to continually improve his work by either purchasing new and more sophisticated tools, or by purchasing spare parts. For 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

  • $15,800
    Average annual income
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    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 Rabih to purchase spare parts.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 27, 2010
Listed
Apr 23, 2010
Currency Exchange Loss:
Covered
Ended:
Nov 19, 2011