Check out some available loans that are similar to this one!
Mhammad is a 48-year-old man who lives in Bourj el Barajneh, in the southern suburbs of Lebanon, with his wife and their child. Mhammad repairs cars. He requests a loan of $1000 from Al Majmoua in order to purchase tools for his garage. Mhammad is very good at repairing cars and he has a good relationship with his clients. His clients are his friends and neighbors. He started his business because he wants to be independent and he likes cars.

Mhammad has been a microcredit client for 5 years and has always paid on time. His previous loans have influenced his life in a good way; thanks to the loans, he was able to improve his work and his family situation. In the future, he plans to expand and improve his business.

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
  • 85
    View loans »
    Lebanon Loans Fundraising
  • $19,258,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mhammad purchase tools for car repair garage.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 26, 2009
Feb 4, 2009
Currency Exchange Loss:
Jan 12, 2010