Check out some available loans that are similar to this one!
Ibrahim is a 46-year-old married man from Lebanon. He lives with his wife and one child. He has been working as a car electrician for over 25 years. In 2009, he opened his own shop. His main customers are local community members. He says that the unique location of his business has allowed him to remain competitive and successful. He says that effective promotion and securing capital are two major challenges to his work. In the future, he would like to expand his business to include auto repair for new cars.

He is requesting a loan from Kiva partner, Al Majmoua. He plans to purchase new electric tools for his work. He believes the loan will add to his business so he can better support his family. This will be his first loan from Al Majmoua.

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
  • 143
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • 1,501.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,350 helped Ibrahim to purchase new electric tools for his work.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
May 11, 2010
May 13, 2010
Currency Exchange Loss:
Sep 15, 2011