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Mohamad
Mohamad is a 24-year-old single man. He has been working to manufacture aluminum closets, windows and doors since 2004. In June 2006, Mohamad started his own business and worked hard on improving and developing it.

Today, Mohamad is requesting a youth loan from Kiva's partner Al Majmoua for the fourth time. Unlike the previous loans that were used to improve and expand his business, this one is to pay for his marriage legal documents and to finish pasting tiles in his house.

He has every Palestinian's dream of living in Lebanon to improve his life, expand his business and provide his family with a caring and loving life.

His honesty with his customers gave him the market's trust and support. He is working hard on including the glass in his business, which will be a good step towards a wider market.

He is looking forward to his new life and for this important step he is going to take.

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

  • $5,900
    Average annual income
  • 57
    View loans »
    Lebanon Loans Fundraising
  • $14,547,175
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Mohamad to pay for his marriage legal documents and to finish pasting tiles in his house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 18, 2012
Listed
Oct 6, 2012
Currency Exchange Loss:
N/A
Ended:
Oct 17, 2013