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Khaled is a 34-year-old married father of three children. He is a Palestinian refugee, who has been working in the vehicle repair business since 22 years ago. He was only 12 years old when he started working, just like most of the Palestinian refugees living in Lebanon, who start working early in order to support their families. In 2003, he established his own business to improve his living.

Khaled specializes in painting cars and in bodywork. He is acquiring a loan from Kiva partner Al Majmoua to buy an air compressor, a paint gun and a sanding machine. Through this loan, he will be capable of developing his business and increasing his income.

He hopes to expand his workplace so as to accept more work.

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
  • 127
    View loans »
    Lebanon Loans Fundraising
  • $16,571,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Khaled to buy an air compressor, a paint gun and a sanding machine.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Oct 24, 2013
Nov 21, 2013
Currency Exchange Loss:
Dec 17, 2014