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Hicham is a 33-year-old man, married and father of two. He lives in Tyre and works as a car mechanic. He opened his shop in 2000. He is considered an expert in his domain. His main concern is to provide his children and family with education and good living conditions.

This is his first loan with Al Majmoua and he needs one to buy a new engine for his van. In the future, he hopes to expand his business.

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
  • 139
    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 Hicham to buy an engine for his van.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 1, 2011
Apr 1, 2011
Currency Exchange Loss:
Apr 15, 2012