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Mohamad Ali
Mohamad is a 54-year-old married man who is a father with one child. For the past 29 years, he has worked distributing dairy products. Mohamad is well known for his commitment to his customers and the good quality of the products he sells.

Mohamad is requesting a loan from the Kiva partner Al Majmoua to buy specially offered dairy products and keep on providing his customers with quality products and increase his net profit. He is looking forward to opening a wholesale sales and distribution center through future loans that he might apply for.

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
  • $16,205,750
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $700 helped Mohamad Ali to buy dairy products to distribute.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Nov 12, 2012
Currency Exchange Loss:
N/A
Ended:
Nov 17, 2013