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Mohamad Omar
Mohamad Omar is a 41-year-old married man, the father of four children. He has been working as a carpenter for 30 years. Mohamad Omar was very young when he started working: he was only 11 years old when he started, but he had to help his family to make their living.

Today he owns his big well-known working place which he has to take good care of in order to ensure it keeps improving. Mohamad Omar applied for a loan from Kiva partner Al Majmoua, in order to buy necessary wood for his business, to be ready for new requested projects.

He hopes to keep on accepting more projects to provide his family with good living standards.

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
  • 30
    View loans »
    Lebanon Loans Fundraising
  • $15,789,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mohamad Omar to buy necessary wood for his business.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2012
Listed
Jun 27, 2012
Currency Exchange Loss:
N/A
Ended:
Jul 17, 2013