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Rabii
Rabii is a 36 years old married man who is the father of four children. Rabii has been working for about 12 years fixing diesel engines and agricultural machines.

Rabii opened his own garage in 2007 because he prefers to be independent and make his own living. He is a man with a good reputation and his business is very important in his region since most of its citizens are farmers.

Rabii is requesting his fifth loan from Al Majmoua in order to buy new machines for his business and to continue building his house's rooftop. His previous loans helped a lot in improving his social and financial situations and he is a good standing borrower at the same time. Rabii hopes to buy his own shop and stop paying rent to others in the future.

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
  • 81
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Rabii to buy new improved machines for his business.
100% repaid
Repayment Term
21 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 27, 2011
Listed
Jun 24, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012