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Mhamad
Mhamad is a 43-year-old husband and father of three who is always looking to secure a future for his family and who in turn is greatly supported by them. For the past twelve years, Mhamad has been working as a taxi driver. He loves to always develop. Given his good standing with Al Majmoua, Mhamad is now asking for another loan to purchase a new taxi cab.
View original language description ↓
محمد عمره 43 سنة متزوج وله 3 اولاد يعمل في النقل العام له في عمله حوالي 12 سنة يحب عمله ولكنه يلقى صعوبة
مادية لكثرة المصاريف يحب عائلته ويريد ان يكون لهم مستقبل جيد له تاريخ جيد مع المجموعة تلقى دعم كبير من العائلة
عنده حب التطور والتجدد يريد من خلال طلب قرض من المجموعة الى شراء سيارة جديدة وتأجيرها لكي يستفيد منها
فهو بحاجة كبيرة الى المساعدة في زيادة المدخول

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
  • 83
    View loans »
    Lebanon Loans Fundraising
  • $15,250,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mhamad to purchase new taxi.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 20, 2010
Listed
Jan 3, 2011
Currency Exchange Loss:
N/A
Ended:
Jan 17, 2012