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Haydar
Haydar, age 41, has worked as a taxi driver since 1995. He and his wife have three children. Haydar works hard to provide for his family and to keep his car in good shape in order to keep his business moving ahead. He is requesting a loan from A. Majmoua so as to do necessary maintenance on his car. He also plans to buy a new television and a washing machine for his family, since those he has are currently inoperable.

Haydar has a good reputation, and he sometimes receives requests for transportation across the country. Such long-distance requests benefit his family's income greatly, and he considers these trips a source of unexpected extra income that is helpful in bad times. He hopes to expand his business by buying an additionA. car.

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
  • 38
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Haydar to do necessary maintenance repairs on his taxi vehicle.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 31, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012