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Fatehi
Fatehi is a 43-year-old married father of four children, three of them are under eighteen years old; one of them is enrolled in a private school, the other is in a public school. The third child has started working to help his family make a living, because just like almost all the Palestinian refugees living and working in the Palestinian Camps, they have limited access to different working domains.

Fatehi works in the construction field, specialized in laying tiles for twenty years. He is applying for a loan from Kiva’s partner Al Majmoua, to buy a car that will facilitate his work, as it will allow him to cover wider regions and projects in far-away villages, transporting his toolkit easily from one place to another.

He hopes to keep on replying to customers’ needs, and pleasing them so he can expand his work with the trust and support of his customers.

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.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $15,648,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Fatehi to buy a car that will facilitate his work.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014