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Rabih
Rabih is a 24-year-old, married Palestinian refugee who has worked as a car mechanic for seven years.

In 2008, he started his own business to improve his living. Rabih is well-known in his region for his special talent and his prices.

He is acquiring a Youth loan from Kiva partner, Al Majmoua Lebanese Association for Development, to renew his tools and to continue pasting floor tiles at his house.

Rabih hopes to keep on developing his business and open a larger workshop in the future, outside the camp where he was born, lives, and works.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 57
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Rabih to renew his tools and to continue pasting floor tiles at his house.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2013
Listed
Sep 13, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2014