Check out some available loans that are similar to this one!
Samir
Samir, age 33, lives in Bint Jbeil with his wife and their only child. Samir earns his living by repairing cars. This is a business he has been engaged in since 1998. In total, he has 15 years of experience in this kind of work.

Samir is requesting his first loan from Al Majmoua in order to update his machines and expand his business. Samir is professional in his work and expects to grow his business in the future through opening a larger car maintenance company.

His goal is to provide security and a good standard of living for his family.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • 1,509.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Samir to update his car repair equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 24, 2010
Listed
Aug 21, 2010
Currency Exchange Loss:
Covered
Ended:
Sep 17, 2011