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Moaen
Mouin is a 43 years old divorced man from Lebanon. He has owned a small fuel station for the last 17 years. Mouin sells tires and engine oil, and also washes cars. His clients are of various kinds: neighbors, relatives, and those passing by. His business is located in a very special spot that everyone can recognize. His diversity in his work helps in the non-stop work cycle, which is a blessing in itself.

This is Mouin’s first loan request from Al Majmoua, in order to buy extra tires and lubricant oils as requested by his clients. Mouin finds it hard when clients pass by requesting a certain product that he doesn’t have; he states that this thing may lead his clients to another source, which will have a bad effect on his business. Mouin hopes to own a big station with a professional car wash, oil change, and maintenance department.

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
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Moaen buying tires and oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2010
Listed
Aug 20, 2010
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2011