A loan of $1,500 helped to buy a small van to make necessary maintenance to it and to sell it.

Abbass's story

Abbass is 47 years old, married and the father of five children. He has owned a grocery store since 1980. He sells soft drinks, juices, cheese and dairy products.

He has 32 years of experience in this field and a deep understanding of his customers needs. His store is in a very good area with lots of customers passing by.

It is common at all levels of this society for people to have multiple businesses, which is why Abbass also does vehicle body work. He enjoys this business and hopes to improve and expand it as much as he can by opening a suitable garage and buying all the necessary equipment. Until he can afford the capital he needs to do this, Abbass has decided to apply for a loan to buy a new van to to fix its body and sell it, which will generate additional income.

This is his fourth loan, from Al Majmoua, a Kiva partner, after repaying his first three loans completely and on time and thereby becoming a borrower in very good standing.

Abbass is aiming to earn more profits so that he can provide a better life for his family and to open a repair garage.

Loan details

Lenders and lending teams

Loan details