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Moustafa
Moustafa is a 36-year-old married man, living with his wife and three children in Saida. Moustafa has worked as car electrician for 23 years. He's an expert in his field since he started this business in his early childhood. Moustafa was very close to his big brother, he was his role model and seeks to be like him, that's why he started working with him and that's how he learned his first business knowledge.

Moustafa is requesting a loan from Al Majmoua for the 11th time, in order to buy tools necessary to improve his business, in addition to buying new bedrooms for his children.

Moustafa is a borrower in good standing, a man with a good reputation who deserves his business.

He hopes to provide his family a good life filled with health, happiness and good education. He hopes to buy some land where he can build a house for each of his kids.

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
  • $14,789,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Moustafa to buy tools necessary for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2011
Listed
Apr 23, 2011
Currency Exchange Loss:
N/A
Ended:
Apr 21, 2012