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Mhammad
Mhammad is a 53-year-old man who lives in Saida in southern Lebanon. He lives with his wife and their three children. Mhammad has owned a pastry shop for over thirty years. He sells Baqlawa, Knefeh, Ma'amoul (holiday cookies available all year), and many more delicious Lebanese sweets. Baqlawa is made of many layers of paper-thin dough with a filling of crushed nuts and sugar between layers. Among the different kinds of Baqlawa are Kul wa Ishkur (eat and praise), Zind es Sit (the lady's wrist), and Znood es Sit (the lady's wrists). Knefeh is a decadently rich, creamy, cheesy, crunchy, sweet, and savory desert—very popular during Ramadan. Ma'amoul is a traditionA. rich cookie dusted with powdered sugar and filled with a mixture of sugar, nuts and flavorings.


Mhammad requested a loan from A. Majmoua in order to purchase the raw materials necessary to make his pastries. This is his third loan cycle, and he has always paid on time.


Mhammad is speciA. in his work, because he is known for his good and tasty pastries. His clients are family members, friends, neighbors, tourists, and passersby. When he first started his business, he didn't have a lot of cash. Mhammad decided on doing his business, because he himself has a sweet tooth, as well as he wanted to have independent work. In the future, he plans on expanding 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

  • $5,900
    Average annual income
  • 84
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mhammad to purchase raw materials.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2010
Listed
Jan 20, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2011