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Mohammad
Mohammad is a 32-year-old married man living in Tyre with his wife and only child. Mohammad has owned a grocery store since 2007, with four years of experience in the field. He used to sell mobile phones, but he realized that a food business brings in a better income, so he’s working hard on improving this business to insure a better living for his family.

Mohammad has a disability concerning his eyesight, but for him it was never an obstacle, and he insists on overcoming any obstacle or difficulty. Mohammad is requesting a loan from Al Majmoua for the third time, in order to buy new products to his store and to increase his working capital.

Mohammad states that the previous loans were of great benefit and they helped in increasing his income. Mohammad’s a man with a good reputation; his customers like the quality of products he sells in his store. Mohammad hopes to expand his store.

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
  • 87
    View loans »
    Lebanon Loans Fundraising
  • $15,270,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mohammad to buy new products for his store.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 18, 2010
Listed
Oct 21, 2010
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2012