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Ousama is a 42 year old man who lives in Tyre, southern Lebanon with his wife and their two children. Ousama has been selling and repairing car exhausts for two years. Ousama is known for the rapidity of his maintenance work and his experience and wants to expand his business. Ousama requests a loan of 1000 US dollars from Al Majmoua in order to purchase exhausts. This is the first time that Ousama has requested a loan.

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
  • 126
    View loans »
    Lebanon Loans Fundraising
  • $16,611,100
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ousama to purchase car exhausts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Dec 11, 2008
Dec 26, 2008
Currency Exchange Loss:
Jan 15, 2010