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Mouhamad
Mohamad is a 40 year old man from Nabatieh, Southern Lebanon. Mohamad lives with his wife and single kid. Mohamad works in construction; he is specialized in digging lands and roads. Mohamad has seven years of experience in this domain, he has a poclain and a bobcat machines to do such kind of work. This is Mohamad’s Fifth cycle with Al Majmoua, he requested a loan in order to buy new wheels to the bobcat and make the necessary maintenance to his machines. His clients are anyone possible, because there is a lot of request for this kind of work. Ali hopes to own a bulldozer in the future in order to increase & improve his family income and level.

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
  • 67
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mouhamad to buy new wheels to the bobcat and make the necessary maintenance to his machines.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 13, 2010
Listed
Jul 23, 2010
Currency Exchange Loss:
N/A
Ended:
Aug 15, 2011