A loan of $1,500 helped to buy some metal scraps and vehicle parts.

Farouk's story

Farouk is a 31-year-old single man. He has worked in the scrap-trading business for 15 years until he opened his own shop. Farouk is experienced in this industry and has earned a wide client base including his friends, neighbors and even tourists in the region. The parts he sells are of good quality while he maintains competitive and reasonable pricing.

Farouk is quite ambitious and aims at opening another branch of his business. He is applying for his first loan from Kiva’s partner, Al Majmoua, which he will invest in buying some metal scraps and vehicle parts. By increasing his product offerings, Farouk’s sales and revenues will rise, allowing him to save more money for his business expansion.

Loan details

Lenders and lending teams

Loan details