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Ibrahim is a 21-year-old man who lives in Tyre, southern Lebanon. Ibrahim has been working as a taxi driver. He requested a loan from A. Majmoua in order to purchase a van for his work. He plans on expanding his work by working also as a school van. This is the first time that Ibrahim has requested a loan.

Ibrahim is speciA. in his work because he knows how to treat his clients. His clients are students, 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. Ibrahim decided on doing his business because he didn’t want to work for someone anymore, he wanted to have an independent job. 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
  • 53
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ibrahim to purchase a van for his work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 17, 2009
Nov 26, 2009
Currency Exchange Loss:
Dec 15, 2010