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Mohamad Reda
Mohamad Reda is a 28 year-old married man and father of one child. He works in selling religious clothes & souvenirs, in addition to scout's needs. Two years ago, Mohamad Reda opened his shop, and it has developed alot since he started.
Mohamad Reda is a hardworking man with a very good reputation. He applied for a youth loan from Kiva partner, Al Majmoua, in order to increase his merchandise with special Holy season's articles and souvenirs.
This is Mohamad Reda's first cycle as an Al Majmoua borrower, and he hopes it affects his business positively.
Mohamad Reda works hard to provide his family a good and healthy living, That's why he works hard to develop his business as much as he can.

Additional Information

More information about this loan

This loan is helping support a borrower who is under age 30. Because many young people lack business experience or established credit histories, it can be even more difficult for them to access financial services. By funding this youth loan, you are expanding opportunity for a young person with limited resources. 

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
  • 118
    View loans »
    Lebanon Loans Fundraising
  • $17,414,875
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mohamad Reda to increase his merchandise with special holy articles.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 9, 2012
Feb 14, 2012
Currency Exchange Loss:
Feb 15, 2013