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Mohamad
Mohamad, 43, is married with a son. Mohamad loves his family. He has been working in public transport for 11 years. He wishes to increase his income to improve his family's living conditions. He has a good credit history with Al Majmoua. Mohamad has many clients from his family and neighbourhood. He wants to get a loan from Al Majmoua to improve his cab’s performance and fix its engine so that he can work more hours and in more neighbourhoods. Mohamad wishes to develop his business and improve his financial and social conditions.
View original language description ↓
محمد في عمر 43 سنة متزوج وله ولد يحب عائلته يعمل في مجال النقل العام له في العمل حوالي 11 سنة يريد ان
يساعد عائلته على زيادة مدخولها وتحسين وضعها له تاريخ جيد مع المجموعة يلقى محمد دعم كامل من محيطه له زبائن كثر هم من عائلته وجيرانه يريد من خلال طلب قرض له من المجموعة الى تحسين وضع سيارته وتصليح المحرك حتى يستطيع ان يزيد من ساعات عمله
وتوسيع المناطق التي يعمل بها يحب ان يتطور وان يحسن وضعه المادي والاجتماعي

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
  • 66
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    Funds lent in using Kiva
  • 1,500.0
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mohamad to fix his car's engine and improve its performance.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2012