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Haythem is 24 years old and lives in Aley, Mount Lebanon. He has owned a taxi van for five years. His clients can be anybody. He is an extraordinary taxi driver because of his punctuality.

Haythem started his taxi business to supplement his family’s income. In the beginning, he didn’t face difficulties. Now he is requesting his first loan of $1000 from Al Majmoua, which he will use to do maintenance work on his van and reduce his debts. In the future, he plans on starting a new business trading cars.

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
  • 52
    View loans »
    Lebanon Loans Fundraising
  • $19,546,275
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Haytham haytham will use the loan to do some maintenance work on his van and pay debts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 16, 2009
Apr 1, 2009
Currency Exchange Loss:
Apr 15, 2010