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Mohamad
Mohamad is a 26-year-old man, the father of two children. He has worked in manufacturing metal for nine years. This business is unique since he makes all the non-available requested hardware for cars, engines and constructors.

Mohamad is a hard worker and liked by most of his customers. He is a man with a very good reputation.

Mohamad is requesting a loan from Kiva partner Al Majmoua. This loan will be invested in his business, in order to buy new updated machines.

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
  • 103
    View loans »
    Lebanon Loans Fundraising
  • $16,152,350
    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 new updated machines to improve his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 31, 2011
Listed
Nov 29, 2011
Currency Exchange Loss:
N/A
Ended:
Nov 15, 2012