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Zein
Zein is a 33-year-old married man and father of two children. He works hard to fulfill their needs and make all their desires come true. Zein is a hard working man. He has worked in agriculture since his first day of working, but to increase and improve his family's income and social situation, he bought in 2005 a small van, which he used to start a new business transporting students from the region to/from school.

His business is improving because of the trust the parents have in him. He is a good driver and the safety of the kids is the main thing he cares about.
His car is new and in a good situation. Sometimes he uses it to take tourists all over the Lebanese borders upon tourists' requests, and most of these tours happen in the summer when there are no students to be committed to.

Zein is requesting a loan from Al Majmoua-Kiva partner, in order to pay what's left from the bus's price. He hopes to expand his business more and more in the future by increasing the number of buses he owns.

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
  • 82
    View loans »
    Lebanon Loans Fundraising
  • $16,078,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Zein to pay off his bus.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Aug 29, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012