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Moustafa
Moustafa is a 22 year old man from Lebanon. Since 2006, Moustafa has been working as a car seat repairer. His clients can be anyone from his region and its surroundings. For the first time, Moustafa is asking for a loan from Kiva partner, Al Majmoua to purchase fabric to repair car seats. Moustafa is proud of his experience in this field of work. He hopes to keep improving his skills 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

  • $5,900
    Average annual income
  • 76
    View loans »
    Lebanon Loans Fundraising
  • $15,645,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Moustafa to purchase fabric to use in the repair of car seats.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 21, 2010
Listed
Jul 4, 2010
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2011