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Radwan
Radwan is a 27 year old man who lives in south Lebanon in the region of Saida. Radwan owns a mechanic workshop in which he fixes cars and sells auto parts. Radwan works with his father in the car sector. He needs a loan of $1200 to help him buy a car for his business. This is the third time Radwan is asking for a loan from A. Majmoua. He has a solid history with the association.

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
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Radwan radwan would like to buy a car for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 30, 2007
Listed
Dec 14, 2007
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2009