Mohamad started his own business in 2010, and with his 15 years of experience in his domain, Mohamad gained his customers' trust and support.
Mohamad was only fourteen when he started working, his teenage years aren't impressive to talk about since they were invested in working to support his family. He works hard to avoid his only child having this kind of life through hard work and his good reputation, to make sure his clients won't leave him one day.
Mohamad applied for a Youth loan from KIva partner Al Majmoua, in order to buy car hardware necessary for his business. This hardware will help a lot in increasing his income. He hopes to expand his working place in the future and employ others to help in handling customers' requests.
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 DevelopmentThe 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.
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