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Mohammad Khair
Mohammad Khair is a 29-year-old single man. He owns an Internet station, which provides Internet to homes and offices in his area and nearby villages. At the beginning, he had no competitors as he was the first to provide such a service in his region.

Mohammad is well-known in his area. He has excellent customer service, as most of his clients state. He started this business in 2000. His 11 years of experience gave him a special place in this sector.

Mohammad Khair is requesting a loan, for the first time, in order to buy updated machines necessary for his business. These machines help in providing the customers with the best connection in the region.

Mohammad hopes to open a car-rental company, which is a dream he is working hard to achieve soon.

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
  • 86
    View loans »
    Lebanon Loans Fundraising
  • $16,096,675
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mohammad Khair to buy new updated machines necessary for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 11, 2011
Listed
May 10, 2011
Currency Exchange Loss:
N/A
Ended:
May 15, 2012