Check out some available loans that are similar to this one!
Kamal
Kamal is a 25 year old man who lives in Tyre, southern Lebanon. Kamal has repaired cars since 2003. He repairs cars, changes oil and cleans them. He has requested a loan of 1000 US dollars from Al Majmoua in order to purchase new tools and car oil for his garage. Kamal is special in his work because he does it well. His clients are his friends, neighbors and tourists. When he first started, he didn’t have enough cash to purchase all the needed tools for his business. This is the first time that Kamal has requested a loan. In the future, he plans to purchase a new cleaning machine.

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
  • 23
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Kamal kamal would like to use the loan to purchase new tools and car oil for his garage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 2, 2009
Listed
Mar 2, 2009
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2010