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Hagobe is a 32-year-old single man with more than five years experience working in an automotive bodyshop, his customers coming from friends and neighbors. He is always busy working and pushing himself to improve. Hagobe has an encouraging history with Al Majmoua, and he very much benefited from a previous loan which allowed him to expand his business. He is now seeking another loan to purchase new equipment as well as a used car which he can resell.
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هاكوب اعزب يعمل حدادة وبويا السيارات له في مصلحته اكثر من 5 سنوات هاكوب عمره
32 سنة طموح ويتميز في محيطه بالعمل الجيد والسمعة الكريمة فهو دائم العمل والتطور له تاريخ مشجع مع المجموعة
وقد استفاد كثيرا من القرض السابق حيث وسع المصلحة يريد من خلال طلب قرض من المجموعة الى شراء عدة جديدة
وشراء سيارة قديمة لللتجارة بها زبائنه هم من جيرانه واصدقائه

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
  • 176
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Hagobe to purchase new equipment and a used car.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Nov 29, 2010
Dec 6, 2010
Currency Exchange Loss:
Apr 15, 2012