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Mohamad is a 55-year-old married man and father of two children. Mohamad has been manufacturing aluminum closets, doors and windows since 2005. He is very skilled in this business, and he is recommended by most of his customers, many of whom are builders. Mohamad is looking to improve and update his machines through a loan requested from Kiva's partner, Al Majmoua, which he will use to buy a new aluminum compressor. This will help him perform his work in a more professional way.

This is Mohamad's second borrowing cycle with Al Majmoua. His previous loan was very effective, and he hopes this one will have a greater impact on improving his social and financial situation. Mohamad wants to provide a better lifestyle for his family and expand his business more and more in the future.

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
  • 175
    View loans »
    Lebanon Loans Fundraising
  • $17,449,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,500 helped Mohamad to buy an aluminum compressor necessary to improve his business.
100% repaid
Repayment Term
17 months (Additional Information)
Repayment Schedule
Aug 12, 2011
Sep 11, 2011
Currency Exchange Loss:
Nov 15, 2012