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Mohamad
Mohamed is 25 years old and married with three children. He works in the repair and selling of health/sanitation appliances and has 30 years experience in this field. He's energetic and enthusiastic and wants to develop his skills and increase his income. He wishes to help his family both materially and otherwise. With his loan request he wants to become more independent, as he faces competition in the market from his local area. He also hopes to purchase goods, expand his work to include workshops. He's very ambitious and has full support from his family and all those around him.
محمد في عمر 51 سنة متزوج وله 3 اولاد يعمل في تصليح وبيع الادوات الصحية له في عمله 30 سنة يعمل بجد ونشاط وحيوية
يريد التطور في مهنته وزيادة مدخوله وتطوير عائلته من الناحية المادية والمعنوية يريد من خلال مصلحته الى زيادة المدخول
يسعى جاهدا الى عدم الاحتياج فهو يعاني من منافسة في محيطه العملي يريد من خلال طلب قرض من المجموعة الى شراء عدة كاملة للمصلحة وتوسيع العمل حتى يشمل ورش كبيرة طموح مثابر ويلقى الدعم الكامل من عائلته ومحيطه

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
  • 49
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mohamad purchase tools for the full benefit of his family.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2011
Listed
Feb 18, 2011
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2012