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Jihad
Jihad is 33 years old, married and the father of two children. He adores his family and works closely with his wife to pay all their many expenses so that his family can have a good and respectable life. Jihad started his own business providing car repairs 16 years ago. He works out of his own garage and has a fair number of customers who come to him for service. He is requesting a loan from Kiva's partner Al Majmoua to increase his supply of car batteries so that he can respond quickly to customer needs. This will be Jihad's second loan with Al Majmoua. He is a member in good standing because he made all his payments on time. He plans to expand his business with the additional income he earns.

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
  • 70
    View loans »
    Lebanon Loans Fundraising
  • $15,848,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Jihad to buy car batteries for his business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2013
Listed
Apr 23, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014