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Mohamad
Mohamad is a 40-year-old married man, father of two children. He works as a barber, and opened his own shop in 2007. Mohamad is a hardworking man. He seeks perfection in his business and for his family.

Mohamad has requested a loan from Al Majmoua, in order to buy necessary products for his business. These products are frequently requested by his customers, whom he believes he has to keep satisfied all the time. Mohamad will also pay for his children's school fees, since educating them is very important to him. Mohamad is liked by most of his customers. Most of his customers are his friends, neighbors and relatives. They enjoy visiting him more often, and he enjoys their visits too.

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
  • 50
    View loans »
    Lebanon Loans Fundraising
  • $15,842,350
    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 buy necessary products for his business.
100% repaid
Repayment Term
18 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2011
Listed
Oct 4, 2011
Currency Exchange Loss:
N/A
Ended:
Feb 15, 2013