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Abdel Karim
Abdel Karim is a 24-year-old single man who works providing maintenance for motorcycle generators and power generators. He is very experienced in his business, and he has gained customers' trust and support.

He is applying for a youth loan from Kiva's partner Al Majmoua to buy necessary spare parts for his business. He will also finish building a small part of his house. The increase in business capital will automatically increase his income because he can get the necessary spare parts at a competitive price, which will widen his net income range. He hopes to keep on developing himself and his business at the same time to make sure he continues to serve his customers well.

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
  • 131
    View loans »
    Lebanon Loans Fundraising
  • $16,664,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Abdel Karim to buy necessary spare parts.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Mar 14, 2013
Apr 16, 2013
Currency Exchange Loss:
Oct 17, 2014