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Dib
Dib is a 31-year-old man who lives in Saida, southern Lebanon with his wife and their four children. He has been working as a carpenter and builder for twenty years.

Dib requested a loan of 1000 US dollars from A. Majmoua in order to purchase merchandise and wood for his business. This is his second cycle and he has always paid on schedule.

Dib makes home furniture, closets and bedrooms. He is speciA. in his work because he has a good quality of work. His clients are his neighbors, friends, and others.

In the beginning, when he first started his business, he had difficulties finding someone to help him in his work, as well as a bad economic situation due to high prices. His father taught him the business when he was young because it has been a family business.

In the future, he plans to expand his business.

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

  • $5,900
    Average annual income
  • 85
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Dib purchase merchandise and wood for his business.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2008
Listed
Dec 15, 2008
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2009