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Mohamad
Mohamad is 37 years old and married with two children. He works in agriculture and transports sand. He has been doing this for 15 years and loves his work. He enjoys what he does as he believes that cultivation of the land is the most important work. With this loan he wants to buy a vehicle to help his work. He aspires to increase his income as he used to just be a worker but now owns his own business. He has the necessary experience for his own business and he has customers both from the city and from agricultural areas. He aspires to secure a good future for himself and his family, especially since he is in the midst of establishing his family.
محمد عمره 37 سنة متزوج وهو اب لولدان يعمل في زراعة الارض ونقل الرمل له في عمله 15 سنة يحب العمل ويرى فيه المتعة لأنه يرى ان زراعة الارض هي اهم الاعمال , يريد من خلال طلب قرض من المجموعة الى شراء سيارة لستعمالها في نقل المواد لزراعة الارض يسعى الى زيادة المدخول وخاصة انه كان عامل واصبح لديه عمله الخاص حيث تمكن من ان يزيد من مدخوله فهو يمتلك الخبرة الكبيرة التي خولته ان يؤمن عمل خاص به زبائنه هم من اهالي البلدة والمزارعين يسعى الى تأمين مستقبل جيد له ولعائلته خاصة انه في طور تأسيس عائلة

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
  • 109
    View loans »
    Lebanon Loans Fundraising
  • $15,368,375
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Mohamad to purchase a vehicle to use in the transportation of sand and agricultural materials.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2011
Listed
May 10, 2011
Currency Exchange Loss:
N/A
Ended:
Aug 16, 2012