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Deeb
Deeb is a 48-year-old, married father of two. For 30 years, he has been working as a car mechanic. He is well-known in his region, with a good reputation and a special talent in his domain. Deeb's wife doesn't work and his two children are enrolled in a public school because he can't afford to register them in a private school, due to his low-income business.

Deeb is applying for his second loan cycle from Kiva's partner, Al Majmoua Lebanese Association for Development, in order to increase his business merchandise with new and used spare parts, that will increase his income and develop his business.

He hopes to move to a wider garage in the future and to start selling spare parts, too.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $14,824,400
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,200 helped Deeb to increase his business merchandise with new and used spare parts.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jul 15, 2013
Currency Exchange Loss:
N/A
Expired:
Aug 14, 2013