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Hisham
Hisham is a 28-year-old single Palestinian who has worked as a plumber since 2001. He is a hard worker with limited working access and domains just like most Palestinians living in Lebanon.

He was only 16 years old when he started working in order to help his parents in making their living and covering their expenses.

Hisham is applying for a YOUTH loan from Kiva's partner Al Majmoua in order to buy new updated tools for his business.

This loan will help him a lot in developing his business and improving his socioeconomic situation in a well-managed way, so that he might think of making a small beautiful family in the future.

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.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $14,755,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $3,000 helped Hisham to buy new updated tools for his business.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jul 4, 2013
Currency Exchange Loss:
N/A
Expired:
Aug 3, 2013