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Zouheir is a 27 year old married man, father of two kids, working in selling car spare parts and accessories since 2009, he is requesting a loan for the second time from Al Majmoua, in order to increase his capital and improve his business. Zouheir’s main issue is to provide good secure living for his beloved family members; he works hard to provide them with good financial and social situations, in addition to perfect education levels. His clients can be anyone in need of such service; most of them say that his honesty is his positive point and advantage among competitors. He hopes to expand his business in the future with a larger shop and a better living.

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
  • 130
    View loans »
    Lebanon Loans Fundraising
  • $16,571,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Zouheir to increase his capital.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 13, 2010
Nov 25, 2010
Currency Exchange Loss:
Dec 21, 2011