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Ismail is a 38-year-old single man living in a village in the Bekaa valley. He owns a small garage where he maintains and paints cars. His income is barely sufficient to provide for one person, which is why he needs to enhance his business if he wishes to settle down and build a family.

He has contacted Al Majmoua and requested a loan that would help him achieve his wishes. In fact, this loan would enable him to buy a new work kit that would be up-to-date with the new technologies on the market.

As for the future, Ismail hopes to boost his business by expanding the garage.

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
  • 143
    View loans »
    Lebanon Loans Fundraising
  • $18,174,025
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Ismail to buy a new work kit that would be up-to- date with the new technologies on the market.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
May 30, 2013
Jul 2, 2013
Currency Exchange Loss:
May 17, 2015