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Chehab
Chehab is a 46-year-old married man and has four children. He has been working in transportation for 25 years. Chehab transports several things, depending on the customer's destination; he might transport vegetables, furniture and many other things.

His customers include friends and other community members who have come to know him through his work over the past twenty-five years. He has requested a loan from Al Majmoua (a Kiva partner) for the third time in order to fix his pickup and to pay for his mother's urgent medical surgery. His previous loans helped a lot in improving his business.

He's known for his strict appointments and the quality of work provided. Chehab hopes to stay capable of helping his family members and providing a healthy living for his family. He also hopes to expand his business through buying an additional pickup to reply to all requested transports.

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
  • 102
    View loans »
    Lebanon Loans Fundraising
  • $15,083,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Chehab to do necessary maintenance to his pickup and pay for his mother's urgent medical surgery.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2011
Listed
Jul 3, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012