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Mousa
Mousa is a 28 year old man who lives in Tyre, southern Lebanon. Mousa has been working as a car electrician. He also sells electrical accessories. Mousa has requested a loan of 1000 US dollars from Al Majmoua in order to purchase tools for his garage. This is the first time that Mousa has requested a loan. His clients are his friends, neighbors and people from his region. Mousa decided on doing this business because of his experience. In the future, he plans on expanding his business in order to improve his income because he will get married soon.

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
  • 62
    View loans »
    Lebanon Loans Fundraising
  • $15,000,325
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mousa mousa will use the loan to purchase tools for his garage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 16, 2009
Listed
Mar 2, 2009
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2010