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Souleiman
Souleiman is a 44-year-old married father of four children, who has been working in construction for twenty years. He specializes in painting homes and shops and has an excellent reputation in his community. He works hard to provide his family with everything they need.


Souleiman is applying for a 1500 USD loan from Kiva's partner, Al Majmoua, to help his son start his own business. He wants to support his son in his first steps toward creating his own life.


Souleiman supports his family members well and is trusted and recommended by his customers for paint jobs. He hopes one day to retire from house painting, open a paint store and employ someone to run the shop for him.

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
  • 102
    View loans »
    Lebanon Loans Fundraising
  • $15,083,425
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Souleiman to help his son start his own business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jul 19, 2013
Currency Exchange Loss:
N/A
Ended:
Aug 17, 2014