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Mhammad
Mhammad is 33 years old and married. He is the father of three children. Mhammad lives with his family in Nabatieh.

He works in repairing washing machines and electronic appliances with 23 years of experience. He was very small when he started working, and it was all for the sake of helping his family with their income and expenses.

Mhammad is requesting a loan from Al Majmoua for the forth time, in order to buy tools useful for fixing the machines he repairs. His previous loans had a great effect on his social and economic life.

He hopes to give his children the best education they deserve, in addition to a happy childhood.
He hopes to expand his business and start selling new washing machines and other home appliances.

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
  • 69
    View loans »
    Lebanon Loans Fundraising
  • $15,853,850
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mhammad to buy tools for fixing the machines he repairs.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 22, 2011
Listed
Apr 24, 2011
Currency Exchange Loss:
N/A
Ended:
Oct 15, 2012