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Abdallah
Abdallah is a 28-year-old single young man who has been running his car repair garage for more than 15 years. Abdallah was only 13`years old when he started working, the harsh childhood he had made him a wise predictive man who counts every step he's going to take, to avoid future problems.
Over the years, Abdallah has developed a wide base of customers with his perseverance, seriousness and high work ethics.

He is applying for a second youth loan from Kiva’s Partner, Al Majmoua, to develop his business and renew his working tools and equipment. Abdallah’s need to have a sustainable business grew recently as he is getting ready for marriage.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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 Abdallah to renew his working tools and equipment.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 23, 2012
Listed
Apr 26, 2012
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2013