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Mohammad is a 34 year old single man. He has been the owner of a grocery store since 2000, and has 20 years of experience in the business. Other than other grocery items, Mohammad also sells charcoal, which is necessary for BBQs and hookahs (waterpipes). This is the second loan Mohammad has requested from Al Majmoua, which he will use to pay for the rest of his pickup truck. Mohammad's clients are his neighbors, relatives, foreigners and nearby shops. His clients say that his experience makes his products special and unique. He hopes to expand his business into the wholesale market.

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
  • 137
    View loans »
    Lebanon Loans Fundraising
  • $16,673,375
    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 pay for the rest of his pickup truck.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 25, 2010
Oct 25, 2010
Currency Exchange Loss:
May 15, 2012