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Walid
Walid is 29 years old and single. He has worked in the transportation sector since 2002, when he bought a van that he uses to transport people and tourists all over Lebanon. He started out as an employee, but he has started his own business.

Walid is requesting a first-time loan from A. Majmoua to complete necessary maintenance on his van, which is his only source of income. He hopes to improve his life through his work and to have a family 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

  • $15,800
    Average annual income
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $16,099,950
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Walid to maintain his van.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 13, 2011
Listed
Jul 10, 2011
Currency Exchange Loss:
N/A
Ended:
Jul 15, 2012