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Samir
Samir is a 37-year-old married man and the father of four children.

He has been working in the construction business since 18 years ago. He specializes in painting houses. In 1998, he started working on his own and made his own clients’ capital.

He is well known in his region through his good work and customers' recommendations. Samir had one problem he is willing to fix. He needs a car to use during his work for transporting his tools and requested machines, if available, from one project to another, instead of paying someone for transportation fees.

That's why he is applying for a loan from Kiva's partner Al Majmoua. He will buy the car, which will make his business easier and more productive. He hopes that through this car, he will expand his working area.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $15,789,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Samir to buy a special car requested for his business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
N/A
Ended:
Jun 17, 2014