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Zahi
Zahi is a 34-year-old single man from Lebanon. He has worked in a gypsum board decoration business for twenty years. He started working when he was only 14 in order to make his own living. He was able to get only his intermediate studies.

He is requesting a loan from Kiva partner, Al Majmoua, in order to buy necessary requested tools for his business. His clients are his neighbors, relatives and friends. They all agree on his talent in his work, his perfection and honesty.

This is his second cycle as an Al Majmoua borrower. His first loan helped him a lot in improving his social and financial situations. Zahi is working hard to improve his living for a better business and for future social living. He hopes to expand his business as much as he can and to hire someone to help him reply to extra requests that he isn't capable of doing at the moment.

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
  • 67
    View loans »
    Lebanon Loans Fundraising
  • $15,853,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Zahi to buy necessary tools for his business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2012
Listed
Dec 13, 2012
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014