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Mohamad
Mohamad is a 32-year-old married man and the father of two children. He has worked as a fisherman since 1996. Mohamad adores the sea; he was born as a fisherman and can't imagine himself working in anything else.

Mohamad is a hardworking man; he uses fishing webs in order to get as much fish as he can in less time. He believes that this way of fishing is more kind to fish than other ways.

Mohamad has been an A. Majmoua borrower for seven consecutive loan cycles. All his previous loans had a very good impact on his business, and at the same time, he is a borrower in good standing.

Through his previous loans and business improvement, he was capable of buying his own boat, which helped a lot in increasing his income and improving his sociA. and financiA. situation.

Through this loan, Mohamad will be capable of buying necessary tools for his business and paying for an urgent surgery for his mother.

Mohamad is a man with a very good reputation; he is liked by most of his relatives and friends. He hopes to buy a bigger boat in the future, and to increase the number of boats he has.

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
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $14,752,300
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mohamad to buy necessary tools for his business, and to pay for an urgent surgery for his mother.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 25, 2011
Listed
Aug 28, 2011
Currency Exchange Loss:
N/A
Ended:
Sep 15, 2012