Check out some available loans that are similar to this one!
Mohamad
Mohamad is a 24-year-old married Palestinian refugee, who has worked since 2010 at providing the camp's citizens with internet services to home and businesses. He is a hard worker who puts in much effort to please and satisfy his current and future customers, because he believes that they are his main source for making a living.

Mohamad is requesting a YOUTH loan from Kiva partner, Al Majmoua, to develop his internet service inside the camp. He will add to the network machines he needs that will increase internet speed and the quality served. The main obstacle in his domain is that he is limited inside the camp, which he aims to skip in the future through developing wide internet services providing companies with techniques that can cover the nearby villages.

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.

Tags

About Lebanon

  • $5,900
    Average annual income
  • 59
    View loans »
    Lebanon Loans Fundraising
  • $14,614,075
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $3,000 helped Mohamad to develop his internet service inside the camp.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Oct 4, 2013
Currency Exchange Loss:
N/A
Ended:
Sep 17, 2014