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Bassam, 32, is married with a son. He has been working in the autobody repair and painting business for 15 years. Bassam is active, vigorous and persevering at work. He wishes to improve his family and work conditions. He likes his work and always gets his family's full support. Bassam has a very good credit history with Al Majmoua. He seeks a loan to buy new equipment so that he can develop his business and increase his clients.
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بسام متزوج وعمره 32 سنة له ولد يعمل في حدادة وبويا السيارات يحب عمله وله فيه 15 سنة
يعمل بجد ونشاط ويريد دائما التطور والمثابرة في العمل يريد لعائلته التطور والاستمرار في التقدم
يسعى دائما الى تجديد مصلحته له تاريخ جيد جدا مع المجموعة كان يتلقى خلاله دعم كامل من العائلة
يريد من خلال طلب قرض له من المجموعة الى شراء معدات جديدة للمصلحة لزيادة الزبائن وتطوير العمل

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
  • 1,501.4
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Bassam to buy new equipment to develop his autobody repair and painting business.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Dec 13, 2010
Jan 2, 2011
Currency Exchange Loss:
Dec 15, 2012