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Zahi
Zahi is a 41-year-old married father of two children. He has worked as a taxi driver since 2000. It is his only business and that's why he has to work hard to develop it -- to make sure it will provide him with a good encouraging income.

Zahi is applying for a loan from Kiva partner Al Majmoua, to do necessary maintenance for his car. This loan will be invested in fixing his car's gear box.

He hopes that one day he'll be financially capable of buying a new car to replace the current old one. That would attract new customers and develop his living.

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
  • 93
    View loans »
    Lebanon Loans Fundraising
  • $15,270,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Zahi to fix his car's gear box.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 14, 2013
Listed
Nov 13, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014