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Mohamad
Mohamad is a 22-year-old bachelor who works to support his extended family. He enjoys 15 years of experience in manufacturing and selling ceramics, work which he has developed through his attention to detail and excellence. Mohamad wanted to apply for a loan from A. Majmoua to procure raw materials for his business so that he can gain more of an edge against his stiff competition. He always seeks to be self-reliant and to advance his career so that he can start a family.
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محمد عمره 22 سنة يعمل في بيع وصناعة البلاط له في عمله 15 سنة اعزب يحب العائلة وهو مسؤول وتعتمد عائلته على دعمه لهم له تاريخ جيد في العمل فهو محب لعمله وقد طوره بشكل جيد يتميز عمله بالدقة والعمل الجيد لأنه يعمل بدقة يريد من خلال طلب قرض من المجموعة الى شراء مواد اولية للعمل حتى يتمكن من تجديد العمل وتوير لكي يتمكن من مواجهة المنافسة التي يتعرض لها في ظل الوضع المادي السيء فهو يسهى دائما الى الاعتماد على نفسه في العمل ويريد من خلال تحسين عمله الى 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

  • $15,800
    Average annual income
  • 102
    View loans »
    Lebanon Loans Fundraising
  • $16,166,350
    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 raw materials for his ceramics business.
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:
Apr 21, 2012