Funded

Total loan: $1,000
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Youssef

Lebanon
Tyre, Lebanon / Auto Repair

A loan of $1,000 helped to buy a special machine that he needs for his business and to buy car oils.


Youssef's story

Youssef is a 25-year-old single man, who has been working as an auto mechanic since twelve years ago. He opened his own business in 2009, to improve his living.

Youssef is applying for a Youth Loan from Kiva's partner, Al Majmoua. He will use the loan to buy a special machine that he needs for his business, which detects carbon monoxide, if present in a car's engine. He will also increase his capital by buying car lubricants, to make sure that he can respond to several clients' requests at a time, without any delays caused by not having the right product in stock.

This will be his second loan from Al Majmoua. His previous loan helped him move to a larger working place, where he can accept more cars and distribute his products freely. He hopes to expand his work, in accordance with customers' needs.



Loan details

Loan length:

14 months
Disbursed date: March 18, 2013
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: March 18, 2013
Facilitated by Field Partner: Al Majmoua Lebanese Association for Development