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Moussa
Moussa is a 31-year-old single man living in a small village in the Bekaa valley of Lebanon. He is a car mechanic and owns a business where he maintains trucks, cars, etc. He decided to contact Al Majmoua and acquire a loan in order to purchase materials for construction. In fact, he wishes to maintain and enhance the living environment in his house in order to be ready to finally settle down and establish a family. As for the future, Moussa wishes to expand his business, as well as launch a second business that would be equipped with highly technical tools.

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
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $14,755,800
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD
Expired
A loan of $2,000 helped Moussa to purchase construction materials to maintain and enhance the living environment in his house in order to be ready to finally settle down and establish a family.
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 20, 2013
Listed
Jul 21, 2013
Currency Exchange Loss:
N/A
Expired:
Aug 20, 2013