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Mouhamad
Mouhamad is a 32-year old entrepreneur from Lebanon. He is married and has two children. He has been working in construction as a house painter for the past 10 years, which has given him wide experience in this industry. His customers include friends and other community members. Mouhamad says that he is very proud of his quality of work and believes that his extensive experience is what distinguishes him.

He is requesting a loan from Kiva partner, Al Majmoua. This will be his third loan from Al Majmoua; his previous loan had a big positive effect on his social and financial situation, and he is a borrower of good standing. He plans to use the loan to buy necessary tools for his business and to fix his house tiles.

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
  • 40
    View loans »
    Lebanon Loans Fundraising
  • $15,795,650
    Funds lent in using Kiva
  • 1,514.5
    Lebanon Pounds (LBP) = $1 USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mouhamad to buy necessary tools for his business and to fix his house tiles.
100% repaid
Repayment Term
26 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 1, 2011
Listed
Jun 25, 2011
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2013