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Rabih
Rabih is a 35-year-old single man who has been working at repairing cars' bodywork for twenty-one years. He was only fourteen years old when he started working to support his family.

Rabih is his family's sole breadwinner, responsible for earning a living for three members of his family. He is a hard worker with a very good reputation in his region and domain. In 2002, he established his own business to improve and develop his family's living.

Today Rabih is acquiring a loan from Kiva partner Al Majmoua to buy necessary highly requested tools and machines to develop his business and respond to customers' special needs and requests.

Rabih is working hard to develop and expand his business, to work on more cars and serve more customers.

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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,152,350
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Rabih to buy necessary tools and machines to develop his business and respong to customers' special requests.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 20, 2014
Listed
Feb 18, 2014
Currency Exchange Loss:
N/A
Ended:
May 17, 2015