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Mohamad
Mohamad is 32 years old and married with four children. He has fifteen years of experience selling mutton and other types of meet to his relatives, neighbors, and friends. He dreams of one day owning his own, larger butchery so that he can secure a better income and therefore provide his children with a better education. In the meantime, he was interested in applying for a loan from Al Majmoua to purchase more sheep and to procure fodder to fatten up the sheep he already has.
View original language description ↓
محمد في عمر 32 سنة متزوج وهو اب لأربع اولاد يعمل في بيع اللحوم والخواريف له في عمله 15 سنة يحب عمله ويسعى الى دعمه وتطويره يريد من خلال طلب قرض من المجموعة الى شراء خواريف لتسمين الخواريف الاخرى ودعم عمله بالملحمة زبائنه هم من جيرانه واقاربه واصدقائه يعاني من بعض الصعوبات المادية وله خبرة طويلة في عمله يحلم بامتلاك ملحمة خاصة اكبر حتى يزيد من مدخوله
يريد ان يؤمن مستقبل جيد لأولاده وتعليمهم بأفضل الطرق

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
  • 82
    View loans »
    Lebanon Loans Fundraising
  • $14,952,000
    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 fodder and sheep for his butchery.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2011
Listed
Jun 1, 2011
Currency Exchange Loss:
N/A
Ended:
Jun 15, 2012