A loan of $2,000 helped to buy newly-released spare parts for his business.

Tarek's story

Tarek is a 51-year-old married man and the father of three children. He has been working selling spare parts for cars since 1987. Tarek is very experienced in his business and strives to know more all the time. He is well known in the region with his good reputation and special competitive products and prices. Tarek always work hard to update his products with newly-released spare parts to make sure that all of his customers' needs are covered.

He has improved and developed his business recently through loans from Al Majmoua, a Kiva partner, and is in good standing due to his repayment history. This is Tarek's sixth loan cycle as an Al Majmoua borrower and he is sure that the loan will have a positive effect on both his social and financial situations.

Tarek today is applying for a loan from Kiva partner, Al Majmoua, for the same reason as for his previous loans, in order to buy newly-released spare parts for his business to meet the market's needs. Tarek hopes to stay capable of competing with newly-established competitors and other big companies.

Loan details

Lenders and lending teams

Loan details