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Mohammad Tarek
Mohammad Tarek is a 21-year-old single man living in Lebanon. He has experience in selling and maintaining tires since 2005. He sells and repairs mainly truck tires and rims and his clients are mainly truck companies.

Today, for the first time, Mohammad Tarek has requested a loan to purchase a machine for tire maintenance. This machine will allow him to improve his work. He hopes that he will continue to improve and expand his work.

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
  • 117
    View loans »
    Lebanon Loans Fundraising
  • $16,255,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mohammad Tarek to purchase a machine for tire maintenance.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 4, 2010
Listed
Jun 11, 2010
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2011