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Ibrahim
Ibrahim is a 48 year old man who lives in Saida, southern Lebanon with his wife and their three children. Ibrahim has been working as a car painter since 2003. He requested a loan of 1200 US dollars from Al Majmoua in order to purchase a compressor, painting materials and tools for his business. This is his third loan cycle and he has always repaid on time.

His previous loans helped him improve his business as well as his financial situation. Ibrahim is special in his work as he is energetic and he knows how to treat his clients. His clients include friends, neighbors and others. Ibrahim decided to go into this activity because of his experience in the business which he learned when was young. In the future, he plans on improving his business and his family situation.

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
  • 36
    View loans »
    Lebanon Loans Fundraising
  • $15,795,650
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Ibrahim ibrahim will use the loan to purchase a compressor, painting materials and tools for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 7, 2009
Listed
Feb 13, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010