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Rabih is a 27-year-old single man who works in the construction business and specializes in decoration work (Gibson boards). Rabih is one of the Syrians who came to work in Lebanon in order to improve their living because of the lack of working opportunities available.

Rabih is applying for a youth loan from Kiva's partner Al Majmoua in order to renew his working tools because it is very necessary to keep them in very good condition to make sure that his work is accurate and perfectly done.

This is his first experience as an Al Majmoua borrower, and he hopes that the future experiences will be invested in increasing his tools and expanding his working zone through recruiting someone to help him reply to extra projects in the future.

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

  • $15,800
    Average annual income
  • 122
    View loans »
    Lebanon Loans Fundraising
  • $16,623,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $500 helped Rabih to renew his tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 17, 2012
Nov 17, 2012
Currency Exchange Loss:
Oct 17, 2013