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Piere
Piere is 33 years old and married with two children. For the past 15 years, he has worked as a car mechanic. Piere opened his own garage in 2009 and is well known in his region. He works hard to provide for his family's future and seeks perfection in his business.

Piere is requesting his first loan from Al Majmoua to buy new tools for his business, such as a car scanner and a carbon dioxide testing machine. Piere’s clients are friends, neighbors, and community members. His high quality of work helps to improve and expand his business. In the future, Piere hopes to expand his business to specialize in certain kinds of cars or services to attract more clients.

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
  • 112
    View loans »
    Lebanon Loans Fundraising
  • $15,368,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Piere to buy tools.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2011
Listed
Feb 7, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012