Mohamad has worked in selling fresh chicken since 26 years ago. In June 2008, he opened his current business and he's working hard to develop it as much as he can.
Mohamad is acquiring a loan from Kiva partner Al Majmoua to buy a car locally known as Rapid, which will be used to transport his business goods from the market to his shop, instead of requesting help from others and paying extra charge for it.
Mohamad is well known in his region for the good quality of products provided and the competitive prices he sets. He hopes to keep on expanding his business and replying to customers' needs as much as he can.
About Al Majmoua – Lebanese Association for DevelopmentThe 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.
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Success!! The loan was 100% repaid