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Mohamad
Mohamad is a blacksmith who lives in south Lebanon in the region of Nabatieh. Mohamad is 45 years old and has two children. This is the second time Mohamad is asking for a loan from Al Majmoua. He needs to generate enough revenue to be able to buy fuE. oil to heat his house during the winter. Mohamad does not want his family to suffer the cold winter and is determined to do the best he can to insure their well-being.

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
  • 98
    View loans »
    Lebanon Loans Fundraising
  • $15,309,925
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mohamad to buy fuel oil to heat his house during the winter.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 25, 2007
Listed
Nov 10, 2007
Currency Exchange Loss:
N/A
Ended:
Dec 15, 2008