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Youssef is a 39 years old married man, living in Tripoli with his wife and 2 kids. Youssef ha owned a laundry since 2009 and has 15 years of experience in this field. Youssef is an old A. Majmoua client, this is his second cycle. His last loan helped in improving his business a lot. This time Youssef is requesting a loan in order to buy a car that eases and improves his business. He will use it for delivery needs and this will improve delivery. He hopes to grow his business through opening more branches

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
  • 47
    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 $1,500 helped Youssef to buy a car to improves his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Aug 16, 2010
Sep 5, 2010
Currency Exchange Loss:
Dec 28, 2011