Check out some available loans that are similar to this one!
Abbas
Abbas is 48 years old and married with five children. He has worked for more than 25 years as a car repairman, and he likes his work. By developing his business and distinguishing his from other businesses, he would like to increase his income and secure a good life for himself and his family. With a loan from al-Majmoua, he will try to improve his business by buying new equipment, paint and a towing machine. He stands out in his work due to his experience, his attention to detail, and the orderliness of his business. He knows many of the people in his community, and he has customers from his community and from among his friends. Even though he would like to develop his business, he is having some difficulty doing this as he lacks the material means to do so. He is otherwise very prepared to develop his business. He would like to expand his business and increase his customer base.
عباس عمره 48 سنة متزوج وله 5 اولاد يعمل من اكثر من 25 سنة في حدادة السيارات يحب عمله ويرى من خلال التطور والتميز يريد ان يزيد من مدخوله وان يؤمن العيش الجيد له ولعائلته يسعى من خلال طلب قرض من المجموعة الى تحسين وضع العمل وشراء معدات جديدة دهان ومكنة سحب للسيارات يتميز بالخبرة في العمل والدقة له معارف وزبائن من محيطه واصدقائه يتميز عمله بالنظافة يوجد عنده بعض الصعوبات حيث انه يرغب بمواكبة التطور في العمل ولا ينقصه سوى المادة يريد ان يوسع عمله وان يصبح لديه عدد اكبر من الزبائن

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
  • 57
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Abbas to buy new equipment for his car shop, including paint and a towing machine.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2011
Listed
May 1, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012