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Mhammad
Mhammad is 44 years old and lives in Nabatieh, southern Lebanon, with his wife and four children. He has owned a mini market for almost three years. He sells home cleaning products, shampoo, toilet paper, and lots more. Mhammad is successful in his work because he opens till late in the evening. His customers are his friends and neighbors. He decided on this line of work because of his experience in sales and his desire to have independent work.

Mhammad requested a loan from Kiva partner, Al Majmoua, in order to purchase his mini market. This is his second loan cycle and he has always made his payments on time. His previous loan helped him improve his shop by diversifying his range of merchandise.

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

  • $5,900
    Average annual income
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $14,627,775
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,400 helped Mhammad to purchase his mini market.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 2, 2009
Listed
Dec 13, 2009
Currency Exchange Loss:
N/A
Ended:
Jan 15, 2011