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S. is a 39 year old man who lives in Saida, southern Lebanon with his wife and their four children. S. has been working as a taxi driver for eleven years. S. requested a loan of 2200 US dollars from Al Majmoua in order to do some maintenance work on his car and purchase new car seats. This is his third cycle and he has always on time.
S. is special in his work because he knows how to treat his client and has a clean car. His clients are his friends, neighbors and others. When he first started his business, he didn’t have a lot of cash and used to work as a driver. S. decided on doing his business because he didn’t want to work for someone, he wanted to have an independent work. In the future, he plans on expanding his business by purchasing a school van.

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
  • 51
    View loans »
    Lebanon Loans Fundraising
  • $19,292,900
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,200 helped Slayman to do some maintenance work on his car and purchase new car seats.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 17, 2009
Aug 19, 2009
Currency Exchange Loss:
Sep 15, 2010