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Adnan
Adnan is a 31-year-old married man and a father of two children. He has been working as a mechanic since 2007. Adnan is a hard worker and well known in his region for his special work and experience.

Adnan is applying for his third loan cycle from Kiva partner Al Majmoua in order to buy necessary motor oils to support his business. His previous loans helped him in improving and developing his social and financial life and reflected positively on his business development.

He also works in selling and maintaining power generators and trading cars. He hopes to keep on improving his business and expanding his working zone.

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
  • 120
    View loans »
    Lebanon Loans Fundraising
  • $16,262,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Adnan to buy necessary motor oils to support his business.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 17, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014