Check out some available loans that are similar to this one!
Mohammad
Mohammad is a 41 year old man who lives in Bint Jbeil, southern Lebanon, with his wife and their two children. Mohammad has been working as a car painter. When he first started his business, he didn’t face difficulties except making himself known by the public. His clients can be anyone from his region. He decided on doing this business because of his experience.

He requested a loan from Al Majmoua in order to purchase paint and painting tools for his work. He also purchased paint and tools for his work with his previous loans. This is his fourth loan and he has always paid on time.

Mohammad is special in his work because he does it well and does his best to have the newest tools in order to improve his performance. In the future, he plans on improving 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
  • 100
    View loans »
    Lebanon Loans Fundraising
  • $15,309,925
    Funds lent in using Kiva
  • 1,496.6
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,350 helped Mohammad to purchase paint and painting tools for his work.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 10, 2010
Listed
Mar 5, 2010
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2012