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Mohamad
Mohamad is a 30-year-old, single man who lives in a small village situated in the West Bekaa, on Lebanon's border with Syria. Mohamad owns a "take a break" restaurant in the same area where he lives. The location is perfect for this type of business. His amazing hospitality and generosity attract clients of both nationalities to Mohamad's restaurant.

Mohamad needs a loan of $US1,200 to conduct maintenance for his restaurant and thereby expand his business. This is the first time that Mohamad has requested a loan from A. Majmoua.

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

  • $5,900
    Average annual income
  • 37
    View loans »
    Lebanon Loans Fundraising
  • $14,789,600
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Mohamad proceed with maintenance for a restaurant.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 28, 2008
Listed
Sep 14, 2008
Currency Exchange Loss:
N/A
Ended:
Apr 15, 2009