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Mouhamad is a 26-year-old married man, father of five children, living with them and with his beloved wife in Tyre, where he works painting houses. Mouhamad’s work is not limited to a certain area, because his clients request him from different regions, since he is experienced and enjoys a high reputation among competitors.

He is requesting a loan for the second time from Al Majmoua, in order to improve his tools and to buy necessary products for his business. It’s Mouhamad’s only source of livelihood because he didn’t continue his studies, and he learned this business from his childhood. He intends to update his business and himself with all new products and designs to attract new clients in the future.

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
  • 129
    View loans »
    Lebanon Loans Fundraising
  • $16,664,750
    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 improve his tools and to buy necessary products for his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Oct 18, 2010
Oct 21, 2010
Currency Exchange Loss:
Feb 15, 2012