Check out other loans that are currently fundraising!
Mohamad
Mohamad is a 45-year-old married father of three children. He has been working as an electrician for the past 25 years. He is energetic and hardworking, and has the experience to be a very skilled electrician. He has spent a great deal of time improving and developing his business, to ensure that his customers are happy with his services. Mohamad works with almost all of the constructors in his region. He also works for his neighbors and villagers. The high quality of his work has helped him gain customers' loyalty and trust.

Mohamad was introduced to Kiva partner Al Majmoua through a friend, who helped him apply for a loan in order to continue improving his business. He will use the loan to buy special updated electric tools necessary to improve his business. Mohamad works hard to provide his family with the best living, and he hopes he can continue to provide excellent services to his customers.

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
  • 78
    View loans »
    Lebanon Loans Fundraising
  • $16,094,550
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $2,000 helped Mohamad to buy necessary electric tools.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 6, 2012
Listed
Mar 8, 2012
Currency Exchange Loss:
N/A
Ended:
Mar 15, 2013