Funded

Total loan: $1,000
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Emad

Lebanon
Lebanon / Transportation

A loan of $1,000 helped to increase his working capital and buy more tools to sell to his customers.


Emad's story

Emad is a 43-year old married father. Through his work as a truck driver and tools salesmen, he helps provide for the four members of his family. He has owned his shop, in which he sells second-hand tools, since 1990 and has acquired a lot of experience in this field. His main customers include local auto-repair shops and junkyards. Initially, he faced many challenges to get his business going because of the large number of competitors, but he has been able to stay ahead in this field because he is flexible when making purchases for his business. He has requested a loan of $1,000 from Kiva partner Al Majmoua. This is his first loan request to Al Majmoua, and he plans to use the funds to increase his working capital and buy more tools to sell to his customers.



Loan details

Loan length:

14 months
Disbursed date: May 10, 2010
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: May 10, 2010
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development