Darwich has worked in auto repair for five years. He specializes in changing cars' oil and batteries. He is well known in the region for the good quality of the work he does.
Darwich applied for a loan from Kiva partner Al Majmoua, in order to increase his stock of automobile oil and lubricants, in addition to car batteries.
This will improve his business in a remarkable way. This is Darwich's twelveth cycle as an Al Majmoua borrower, with an excellent repayment history.
Darwich is always optimistic and knows how to invest his money in business well. He hopes to keep on expanding and improving his business in a very impressive way to keep his family satisfied.
About Al Majmoua – Lebanese Association for DevelopmentThe 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.
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Success!! The loan was 100% repaid