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Anwar
Anwar is a 47-year-old married man and father of five children. He has been working in the transportation business for 20 years, to make sure his family has a good standard of living. In 2011, he started his own business, bought a bus of his own, and started providing this service.

Anwar works as an accountant, too, as an additional income business to make sure he is capable of properly meeting his family's needs.

Anwar's business is improving since his customers are recommending him to others because of the trust they have towards him and because of his good reputation. That's why he bought another bus, to accommodate the increased number of students requesting his service. To provide this service properly, Anwar has to register the new bus, and start working on it. In this way, he can serve new customers and provide someone he trusts with a new job as a bus driver.

He applied for a loan from Kiva's partner, Al Majmoua, to pay for legal registration fees.

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

  • $5,900
    Average annual income
  • 107
    View loans »
    Lebanon Loans Fundraising
  • $15,368,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Anwar to register a new bus.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 26, 2013
Listed
Apr 26, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014