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Bilal
Bilal is a 42-year-old married man, father of three children. He works in repairing cars and bodywork since twenty five years ago.
Bilal is a hard worker with a very good reputation in his region. His long experience in his domain earned him customers' trust and support.
Bilal is applying for a loan from Kiva’s partner Al Majmoua, to buy used cars in order to maintain and sell, which is an additional business with good income that he is developing.
Bilal’s responsibilities are increasing. That’s why he is putting so much effort into developing his business to provide for his family's needs.
He hopes that in the future he will be capable of buying a special car paint oven, which makes painting cars easier and more professional by decreasing time and increasing quality produced.

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
  • 81
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,000 helped Bilal to buy used cars in order to maintain and sell.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jul 18, 2013
Currency Exchange Loss:
N/A
Expired:
Aug 17, 2013