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Mohamad
Mohamad is a 41-year-old married man and a father of one child. He has been selling frozen chicken since 2010. Mohamad is a hard worker who seeks perfection in his business to please his customers. That's why he applied for a loan from Kiva' partner Al Majmoua, in order to expand his business through starting selling fresh chicken and frozen fish. He is so ambitious that he is willing to expand his business more and more in the future through opening a butchery where he sells fresh meat, fish and chicken.

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 $2,000 helped Mohamad to buy fresh chicken and frozen fish that he will start selling in his shop.
100% repaid
Repayment Term
20 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Sep 25, 2012
Currency Exchange Loss:
N/A
Ended:
Apr 16, 2014