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Yehia
Yehia is a 45-year-old married father of four children who has been working as a car electrician for 31 years. He started working early to support his parents in their living. He reached intermediate education and wished he had the chance to continue, but his parents' financial situation forced him to forget his childhood needs and seek what was more important for living.

In 2000, he started working at his current workshop. He is developing it as much as he can since he has a very good reputation in his domain and region. Yehia is acquiring a loan from Kiva partner Al Majmoua, to buy special needed items for car electric systems, machines that are very important to respond quickly to any customer request or problem.

He hopes to keep expanding his business in a well-managed way to make sure that he can respond to his family's increasing educational and living needs.

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

  • $15,800
    Average annual income
  • 102
    View loans »
    Lebanon Loans Fundraising
  • $16,205,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Yehia to buy special needed items for car electric systems, machines that are very important to reply quickly to any customer request or problem.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2013
Listed
Nov 30, 2013
Currency Exchange Loss:
N/A
Ended:
Dec 17, 2014